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![JasonKeenX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::117888045.png) Jason Keen [@JasonKeenX](/creator/twitter/JasonKeenX) on x XXX followers
Created: 2025-07-17 15:04:24 UTC

Seems hard to keep track of and I think the companies probably like that. I'm guessing you're tracking all the big ones, if I look at $UPXI for example, can you tell me if my math is right, these are rough estimates. They have about 55M common shares outstanding plus $200M of convertible notes (recent at $4.25/share conversion), so that will add dilution of about 45M common shares. That's $700M of common shares, and they hold 1.65M $SOL worth close to $300M, so mNAV is about 2.35x? Seems "fairly priced" based on current market conditions but certainly not a steal.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945862152125870436/c:line.svg)

**Related Topics**
[$700m](/topic/$700m)
[$425share](/topic/$425share)
[$200m](/topic/$200m)
[stocks](/topic/stocks)
[$upxi](/topic/$upxi)

[Post Link](https://x.com/JasonKeenX/status/1945862152125870436)

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JasonKeenX Avatar Jason Keen @JasonKeenX on x XXX followers Created: 2025-07-17 15:04:24 UTC

Seems hard to keep track of and I think the companies probably like that. I'm guessing you're tracking all the big ones, if I look at $UPXI for example, can you tell me if my math is right, these are rough estimates. They have about 55M common shares outstanding plus $200M of convertible notes (recent at $4.25/share conversion), so that will add dilution of about 45M common shares. That's $700M of common shares, and they hold 1.65M $SOL worth close to $300M, so mNAV is about 2.35x? Seems "fairly priced" based on current market conditions but certainly not a steal.

XXX engagements

Engagements Line Chart

Related Topics $700m $425share $200m stocks $upxi

Post Link

post/tweet::1945862152125870436
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