Hyperliquid Strategies Boosts Equity Facility to $2.5 Billion

Hyperliquid Strategies, a HYPE treasury firm, has increased its equity facility with Chardan Capital Markets to $2.5 billion. This significant boost was announced in a recent filing with the US Securities and Exchange Commission (SEC), where Hyperliquid Strategies amended its October 2025 purchase agreement with Chardan.

The agreement allows Hyperliquid Strategies to periodically direct Chardan, a New York-based investment bank and broker-dealer, to purchase shares subject to pricing, trading volume, and other conditions. These shares can then be resold in the public market by Chardan.

The increased facility will provide Hyperliquid Strategies with more potential funding for its HYPE-focused treasury strategy, but drawing on it would issue additional shares, potentially diluting existing shareholders. The $2.5 billion figure represents the maximum capacity rather than funds already raised.