Upexi Shares Drop 8% on Increased Net Loss
Upexi's shares fell 8.16% after reporting a net loss of $109 million for the fiscal third quarter. This loss was largely attributed to a $92.3 million decline in digital asset valuations. The company has expanded its Solana holdings to 2.5 million, valued over $238 million.
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Sources · 7 independent
Bloomberg Radio
“a restructuring plan and 4,000 job cuts. Sources tell Bloom berg Cerebro Systems expects to price its IPO at 185 a share”
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