BBX News: Upexi Q3 revenue of $4.56M (+43.8%), SOL holdings expanded by 9% to over 2 million, net loss of $109M (primarily non-cash), stock down 8%; Prenetics liquidates 510 BTC (~$40M) at a loss, completion by May 14, funds redirected to IM8 brand investment; Sharps Technology holds over 2 million SOL, 95% staked at 7% annualized yield, Coinbase institutional validator node operational. Key Highlights: —Upexi (NASDAQ: UPXI): Q3 revenue of $4.56M (+43.8%), net loss of $109M ($92.3M non-cash), SOL increased by 189,000 (+9%) to over 2 million; $36M convertible debt + $7.4M private placement; target cash flow neutrality by July; stock down 8%. —Prenetics (NASDAQ: PRE): Liquidated 510 BTC (~$40M) at a loss (accumulated via daily purchases since August 2025), completion by May 14; post-liquidation, $145–150M in liquid assets with no debt; funds redirected to $40M share repurchase program and IM8 brand promotion. —Sharps Technology (NASDAQ: STSS): Over 2 million SOL (average price ~$195), 95% staked via Coinbase institutional validator node at 7% annualized yield; SOL price at ~$135–140, resulting in ~30% unrealized book loss; ongoing regular disclosure of staking yields. Source: bbx.com
Upexi increases its SOL holdings by 9%, Prenetics sells 510 BTC, Sharps stakes 2M SOL at 7% APY
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Summary
Today’s BTC news highlights significant shifts in crypto holdings. Upexi reported a 43.8% revenue increase to $4.56 million in Q3 2026, alongside a $10.9 million net loss, and increased its SOL holdings by 9% to over 2 million tokens. Prenetics sold 510 BTC, valued at $40 million, by May 14, with proceeds allocated to its IM8 brand. Sharps staked 2 million SOL (95%) at 7% APY through Coinbase’s institutional program. BTC update: these actions reflect continued institutional activity in the market.
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