Upexi Appoints Industry Expert, James Altucher, as Advisor to Guide Strategic Digital Treasury Portfolio Management
Upexi (NASDAQ:UPXI) has appointed James Altucher, an early crypto enthusiast and best-selling author, as advisor to guide its digital currency holding company strategy. The company has launched a multi-tiered investment approach, allocating at least 50% of its portfolio to Bitcoin, with the remainder diversified across cryptocurrencies including Ethereum, Solana, Aave, Chainlink, and Render.
Altucher, who advocated for Bitcoin investment in a 2013 CNBC interview and was a seed investor in Filecoin, brings over a decade of cryptocurrency experience. He will help strengthen strategy decisions and provide insights for Upexi's digital treasury management. The company aims to capitalize on the evolving blockchain-based digital landscape, with management emphasizing their commitment to executing an aggressive strategy in the cryptocurrency space.
Upexi (NASDAQ:UPXI) ha nominato James Altucher, un early adopter delle criptovalute e autore di bestseller, come consulente per guidare la strategia della sua compagnia di gestione di valute digitali. L'azienda ha lanciato un approccio di investimento a più livell, destinando almeno il 50% del suo portafoglio a Bitcoin, con il resto diversificato tra criptovalute come Ethereum, Solana, Aave, Chainlink e Render.
Altucher, che ha promosso l'investimento in Bitcoin in un'intervista del 2013 su CNBC ed è stato un investitore iniziale in Filecoin, porta con sé oltre un decennio di esperienza nel settore delle criptovalute. Aiuterà a rafforzare le decisioni strategiche e fornirà informazioni per la gestione della tesoreria digitale di Upexi. L'azienda intende capitalizzare sull'evoluzione del paesaggio digitale basato su blockchain, con la direzione che sottolinea il proprio impegno nell'eseguire una strategia aggressiva nello spazio delle criptovalute.
Upexi (NASDAQ:UPXI) ha nombrado a James Altucher, un entusiasta temprano de las criptomonedas y autor de bestsellers, como asesor para guiar la estrategia de su empresa de gestión de monedas digitales. La compañía ha lanzado un enfoque de inversión multinivel, destinando al menos el 50% de su cartera a Bitcoin, con el resto diversificado entre criptomonedas como Ethereum, Solana, Aave, Chainlink y Render.
Altucher, quien abogó por invertir en Bitcoin en una entrevista de CNBC en 2013 y fue un inversionista inicial en Filecoin, aporta más de una década de experiencia en criptomonedas. Ayudará a fortalecer las decisiones estratégicas y proporcionará información para la gestión del tesoro digital de Upexi. La empresa busca capitalizar el paisaje digital basado en blockchain en evolución, con la dirección enfatizando su compromiso de ejecutar una estrategia agresiva en el espacio de las criptomonedas.
Upexi (NASDAQ:UPXI)는 초기 암호화폐 애호가이자 베스트셀러 작가인 James Altucher를 고문으로 임명하여 디지털 통화 보유 회사 전략을 안내하게 했습니다. 이 회사는 포트폴리오의 최소 50%를 비트코인에 할당하는 다단계 투자 접근 방식을 출시했으며, 나머지는 이더리움, 솔라나, 아베, 체인링크 및 렌더와 같은 암호화폐에 분산되어 있습니다.
Altucher는 2013년 CNBC 인터뷰에서 비트코인 투자에 대해 지지했으며, Filecoin의 초기 투자자였던 그는 암호화폐 분야에서 10년 이상의 경험을 가지고 있습니다. 그는 Upexi의 디지털 자산 관리에 대한 전략적 결정을 강화하고 통찰력을 제공하는 데 도움을 줄 것입니다. 이 회사는 진화하는 블록체인 기반 디지털 생태계를 활용하고자 하며, 경영진은 암호화폐 분야에서 공격적인 전략을 실행하겠다는 의지를 강조하고 있습니다.
Upexi (NASDAQ:UPXI) a nommé James Altucher, un passionné de crypto-monnaies et auteur à succès, comme conseiller pour guider la stratégie de sa société de gestion de monnaies numériques. L'entreprise a lancé une approche d'investissement à plusieurs niveaux, allouant au moins 50 % de son portefeuille à Bitcoin, le reste étant diversifié dans des crypto-monnaies telles que Ethereum, Solana, Aave, Chainlink et Render.
Altucher, qui a plaidé en faveur de l'investissement dans Bitcoin lors d'une interview sur CNBC en 2013 et qui a été investisseur initial dans Filecoin, apporte plus d'une décennie d'expérience dans le domaine des crypto-monnaies. Il aidera à renforcer les décisions stratégiques et à fournir des informations pour la gestion de la trésorerie numérique de Upexi. L'entreprise vise à tirer parti de l'évolution du paysage numérique basé sur la blockchain, avec la direction soulignant son engagement à exécuter une stratégie agressive dans le domaine des crypto-monnaies.
Upexi (NASDAQ:UPXI) hat James Altucher, einen frühen Krypto-Enthusiasten und Bestsellerautor, zum Berater ernannt, um die Strategie seines Unternehmens für digitale Währungen zu leiten. Das Unternehmen hat einen mehrstufigen Investitionsansatz gestartet und mindestens 50% seines Portfolios in Bitcoin investiert, während der Rest in Kryptowährungen wie Ethereum, Solana, Aave, Chainlink und Render diversifiziert ist.
Altucher, der in einem Interview mit CNBC im Jahr 2013 für Investitionen in Bitcoin plädierte und ein Seed-Investor in Filecoin war, bringt über ein Jahrzehnt Erfahrung im Bereich Kryptowährungen mit. Er wird helfen, strategische Entscheidungen zu stärken und Einblicke für das digitale Treasury-Management von Upexi zu bieten. Das Unternehmen zielt darauf ab, von der sich entwickelnden blockchain-basierten digitalen Landschaft zu profitieren, wobei die Geschäftsführung ihr Engagement betont, eine aggressive Strategie im Bereich Kryptowährungen umzusetzen.
- Strategic diversification into cryptocurrency market with 50% Bitcoin allocation
- Appointment of experienced crypto advisor with proven track record
- Multi-tiered investment strategy across major cryptocurrencies
- Entry into volatile cryptocurrency market poses significant risk
- Substantial portfolio concentration in single asset (Bitcoin)
James Altucher, an early crypto enthusiast, best-selling author, and serial entrepreneur, brings a one-of-a-kind perspective ideally suited to navigating emerging digital currency opportunities
TAMPA, FL / ACCESS Newswire / January 24, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing, and distribution of consumer products, has added James Altucher, a well-known industry professional, to advise on its newly announced digital currency holding company, which invests in Bitcoin and other coins with strong utility and high growth potential.
The Company has launched a multi-tiered go-to-market strategy, with at least
James is a successful entrepreneur, venture capitalist, and best-selling author. He was an early proponent of Bitcoin. In a 2013 CNBC interview, he encouraged investors to consider adding it to their portfolio and later became a seed investor in Filecoin.
James said, "The worldwide financial landscape is evolving rapidly. Picks and shovels of crypto tokens will be the primary keys for creating the new blockchain-based digital landscape. Upexi recognizes that we are still in the first inning for these tokens. I'm excited to work with the Company on implementing this strategy and growing shareholder value through a unique and diversified digital treasury that draws on my decade-plus experience in the crypto universe."
Andrew Norstrud, Upexi's Chief Financial Officer, stated, "The Crypto Currency industry is changing and maturing quickly. The addition of someone so deeply ingrained in the industry is a great start to our newly announced initiatives. We look forward to actively keeping our shareholders updated as we execute an aggressive strategy to enter the space."
About Upexi, Inc.:
Upexi is a brand owner specializing in the development, manufacturing and distribution of consumer products.
FORWARD-LOOKING STATEMENTS:
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Company Contact
Andrew Norstrud, Chief Financial Officer
Email: andrew.norstrud@upexi.com
Phone: (702) 332-5591
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
Email: Upexi@KCSA.com
Phone: (212) 896-1254
SOURCE: Upexi
View the original press release on ACCESS Newswire
FAQ
What is Upexi's (UPXI) new cryptocurrency investment strategy?
Who is the new crypto advisor for UPXI and what experience does he bring?
How much of UPXI's digital treasury will be allocated to Bitcoin?
What other cryptocurrencies will UPXI invest in besides Bitcoin?
