8-KAccepted Sep 14, 4:50 PM ET
Upexi, Inc. Amends BitGo Credit Facility; Lowers Interest to 7.5%
Accepted (ET)
4:50 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
20
Size
1.4 MB
Summary
Upexi, Inc. Amends BitGo Credit Facility; Lowers Interest to 7.5%
What Happened Upexi, Inc. announced on Sep 9, 2026 (8-K filed Sep 14, 2026) that it entered a Loan Borrower Request with BitGo Prime, LLC amending its existing Master Loan Agreement. The amendment reduces the interest rate on Upexi’s outstanding borrowings and relaxes collateral requirements for the company’s active loans.
Key Details
- Interest rate on outstanding borrowings reduced from 11.5% to 7.5% per annum.
- Collateral requirement lowered to 200%; margin call level set at 150%, margin recall at 300%, and liquidation level at 115%.
- The Loan Confirmation covers approximately $57.3 million of borrowings.
- Acceptable collateral under the amendment includes locked Solana (SOL), liquid SOL, USDC and U.S. dollars.
Why It Matters The amended terms lower Upexi’s financing cost (lower interest) and reduce the amount of collateral the company must maintain, which can improve liquidity flexibility for ongoing operations and investments. The specified margin and liquidation levels define the thresholds for additional collateral requests or forced sell-offs, so investors should note the types of crypto and fiat assets now permitted as collateral. The company filed the Loan Confirmation as Exhibit 10.1 and furnished a related press release (Exhibit 99.1) with the 8-K.