Solana treasury firm Upexi joins Russell Microcap Index

Upexi, a Solana treasury company backed by GSR, announced today its inclusion in the Russell Microcap Index, effective June 29, 2026, as part of the annual Russell US Indexes Reconstitution. The change will become effective on June 29.

The Russell US Indexes are updated each year to capture changes in the US stock market.

The Russell Microcap Index tracks the smallest publicly traded US companies by including the smallest members of the Russell 2000 Index along with the next tier of eligible microcap companies. Membership remains effective until the next annual reconstitution.

Approximately $12.2 trillion in investor assets are benchmarked to or invested in products based on the Russell US Indexes, making membership an important achievement that can increase a company’s visibility among institutional investors and investment managers.

Originally a consumer products company, Upexi shifted its focus in 2025 to building a Solana-centric digital asset treasury.

As of June 2026, it reported owning approximately 2.4 million SOL worth about $158 million and said it actively stakes the tokens to earn yield.

According to Chief Executive Officer Allan Marshall, Upexi’s inclusion recognizes the company’s growth and strategic transformation over the past year, during which it expanded its SOL treasury.

Marshall stated that Russell index membership is expected to improve the company’s exposure to institutional investors, index funds, and active managers while supporting its long-term objective of developing a larger and more diversified shareholder base through disciplined execution of its digital asset treasury strategy.

Upexi’s shares rose about 5% shortly after Friday’s market open.