Lion Group Holding Ltd. Expands Cryptocurrency Treasury with Initial $2M HYPE Token Purchase

Reuters
26 Jun
Lion Group Holding Ltd. Expands Cryptocurrency Treasury with Initial $2M HYPE Token Purchase

Lion Group Holding Ltd. (Nasdaq: LGHL) has announced the completion of its initial acquisition of Hyperliquid (HYPE) tokens as part of its strategic treasury initiative. This marks the first step in LGHL's plan to build a next-generation layer-1s treasury, with HYPE seen as a fundamental asset in decentralized finance. The company purchased HYPE tokens for $2 million, at an average price of approximately $37.30 per token, and plans to make further acquisitions of HYPE, Solana $(SOL)$, and Sui $(SUI)$. This move follows the first closing of $11 million in principal amount under LGHL's $600 million convertible debenture facility. The company intends to allocate a significant portion of the proceeds from this facility to token acquisitions, with at least 75% of the net proceeds from each subsequent closing dedicated to expanding its treasury reserve. LGHL aims to participate deeply in the HYPE ecosystem and will provide periodic updates on its treasury expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lion Group Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN19188) on June 26, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10