On September 9, 2026, Upexi, Inc. (NASDAQ: UPXI) entered into a Loan Borrower Request with BitGo Prime, LLC, modifying the terms of its existing credit facility. The amendment, filed as part of a Current Report on Form 8-K, adjusts the financial parameters governing the company's active loans under a Master Loan Agreement first established on May 23, 2025.
The primary changes announced include a reduction in the interest rate on outstanding borrowings from 11.5% per annum to 7.5% per annum. Additionally, the required collateral level has been lowered to 200%. The filing details specific margin thresholds, including a margin call level of 150%, a margin recall level of 300%, and a liquidation level of 115%.
According to the filing, the facility reflects approximately $57.3 million in borrowings. The collateral for these loans may consist of locked Solana (SOL), liquid SOL, USDC, and US dollars. Upexi also issued a press release on September 14, 2026, confirming the amendment and noting that the company expects to save over $2 million in interest costs annually based on current borrowing levels.
