Upexi (UPXI) Plans to Tokenize Shares with Blockchain Platform | UPXI Stock News

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3 days ago

Upexi (UPXI, Financial) is set to tokenize its SEC-registered shares utilizing Opening Bell, an advanced on-chain issuance platform developed by fintech company Superstate. This platform will enable the conversion of public equity into blockchain-compatible tokens, allowing these shares to be traded within a digital ecosystem.

In addition, Upexi shared updates on its cryptocurrency assets, specifically its holdings in SOL. As of June 24, the company reported possessing 735,692 SOL tokens, marking an 8% increase from the 679,677 SOL it held on May 28.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 1 analysts, the average target price for Upexi Inc (UPXI, Financial) is $25.00 with a high estimate of $25.00 and a low estimate of $25.00. The average target implies an upside of 650.75% from the current price of $3.33. More detailed estimate data can be found on the Upexi Inc (UPXI) Forecast page.

Based on the consensus recommendation from 1 brokerage firms, Upexi Inc's (UPXI, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Upexi Inc (UPXI, Financial) in one year is $10.00, suggesting a upside of 200.3% from the current price of $3.33. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Upexi Inc (UPXI) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.