Lion Group Dumps Solana and Bitcoin for More HYPE

Lion Group, a Nasdaq-listed company, has continued to concentrate its digital-asset treasury on Hyperliquid by selling off Solana and part of its Bitcoin holdings. The $20.1 million raised from these sales was then invested in HYPE, increasing Lion's total position to approximately 232,900 tokens.

This move marks the latest step in Lion's gradual shift away from a multi-asset treasury strategy towards focusing on Hyperliquid. Since June 2025, when it launched its digital-asset treasury with three assets: HYPE, SOL, and SUI, Lion has been gradually reducing its exposure to these other assets.

By September 2025, the company had already converted its entire SUI position into HYPE. The latest sale of Solana completes this transition for that asset as well, while also bringing Bitcoin into the reallocation process for the first time.