PANews reported on April 21 that according to Decrypt, cryptocurrency trading and investment company GSR announced today that it has made a $100 million private equity investment (PIPE) in Upexi, Inc. (NASDAQ: UPXI), a brand owner focused on consumer product development, manufacturing and distribution. The investment was made after Upexi announced a strategic transformation to a cryptocurrency-based treasury strategy designed to achieve long-term value-added and returns for shareholders. Upexi has committed to establishing a Solana treasury strategy, including accumulating and staking Solana.