Upexi provides update on long-term crypto, mining initiative

Andrew Norstrud, CFO, stated, “We have charted out a path for 2025 that will expand our business into the Crypto mining business while leveraging our current businesses to fund expenses. Our goal is to retain as many mined coins as possible to build out our Strategic Crypto portfolio. Our intention is not to be a pure play mining operation, instead we will mine for the purpose of building our portfolio and the mining operations will mine the best possible returning coins, not exclusive to Bitcoin.” Upexi’s (UPXI) 2025 Strategies: Bitcoin and Altcoin Mining: Own a minimum of 1-3 Megawatt low energy cost mining operation within 90 days. Complete the due diligence on current mining opportunities with operating sites in the 2-5 MW range. Grow to own a minimum of 10-20 MW of mining operations. Expand the mining operations to other alternatives such as Ethereum and AI-powered blockchain assets. Establishing a Crypto Portfolio: Establish a diversified portfolio of digital assets including Bitcoin, Ethereum, Solana, Render, Chainlink. Build Crypto Portfolio with strategic purchases when volatility gives us beneficial entry points. Own other assets with high growth potential in blockchain infrastructure and AI integration. Blockchain-Based Financial Focus: Explore opportunities in: Staking; DeFi Lending; Yield-Generating blockchain models. Long-term exposure to: Web3; Decentralized Finance; AI-driven blockchain growth.