Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases

Solana Treasury News: Upexi (UPXI) Approves $50M Share Buyback After 50% Stock Slide

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The Solana-centric company is joining a growing list of crypto treasury companies opting to buy back shares as investor appetite for DATs vane.

By Krisztian Sandor|Edited by Stephen Alpher

Nov 13, 2025, 4:31 p.m.

Solana treasury firm Upexi’s board authorized a $50 million stock repurchase program.
Digital asset treasury firms increasingly turn to stock buybacks as share prices tumble.
Upexi’s stock is down 50% in a month and nearly 90% from the April highs.

Upexi (UPXI), a Nasdaq-listed digital asset treasury firm focused on Solana SOL$152.37, said Thursday its board has approved to buy back up to $50 million of its own stock.

The repurchase program gives the company flexibility to buy shares on the open market, depending on conditions and liquidity, the firm said in the press release. CEO Allan Marshall emphasized that the company would execute the plan opportunistically and without affecting its ability to invest in growth or maintain a strong treasury.

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The move aligns Upexi with a growing number of digital asset treasury firms turning to share repurchases as their stock prices tumbled over the past months amid waning investor appetite. With market capitalizations in some cases now well beneath the value of the crypto on their balance sheet, DATs reason that buybacks can prove accretive.

Upexi’s decision comes as the firm’s stock fell over 50% since early October, and almost 90% from the April high. Shares are down 4.4% on Thursday alongside a continuing slide in crypto prices. SOL is barely hanging above $150 now lower by almost 30% over the past month and 20% year-to-date.

The company currently holds 2.1 million SOL, valued at roughly $319 million.

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