Hyperliquid Expands Equity Facility by $1.5 Billion

Hyperliquid Strategies has expanded its equity facility from $1 billion to $2.5 billion, according to a new SEC filing.

The move hands the company an additional $1.5 billion in fundraising capacity, without any guaranteed funds yet.

The Chardan equity facility is not new money on arrival but rather a discretionary equity line that allows Hyperliquid Strategies to sell shares to Chardan and then have them resold in the open market.

In the first six months of 2026, Hyperliquid Strategies had already issued approximately 76 million PURR shares under the original facility, generating $646.6 million in gross proceeds at an average issue price of about $8.70 per share.