Crypto
Hyperliquid Expands Equity Facility to $2.5 Billion
Hyperliquid Strategies has expanded its equity facility with Chardan Capital Markets to $2.5 billion, up from $1 billion.
The company had issued around $647 million in shares through the original deal by the end of June, and now has more flexibility to raise capital in the future.
The expansion is part of Hyperliquid Strategies' treasury management strategy, which focuses on accumulating HYPE tokens as its primary assets.