Upecxy Inc. Reports Doubling of Revenue in Q2, Faces $250 Million in Unrealized Losses Due to SOL Decline

Nasdaq-listed digital asset management company specializing in Solana (SOL), Upecxy, announced on the 10th its fiscal Q2 2026 results (ending December 31, 2025), reporting total revenue of approximately $8.1 million, nearly double that of the same period last year.

The revenue breakdown shows that the digital assets division, primarily from SOL staking, contributed $5.1 million, while the consumer brand division added $2.9 million. Gross profit increased by 126% year-over-year to $6.7 million. However, unrealized losses from Solana holdings amounted to $164.5 million, compounded by $83 million in stock compensation expenses, leading to a net loss of $178.9 million.

Upecxy is...