Purr Capitalizes on Token Growth with Expanded Equity Facility

Hyperliquid Strategies Inc (Nasdaq: PURR) has expanded its equity financing facility from $1.0 billion to $2.5 billion in aggregate gross purchase price with Chardan Capital Markets LLC.

The company filed a Form 8-K on September 1, amending the ChEF Purchase Agreement signed in October 2025.

Under Amendment No. 1, Hyperliquid may issue newly created shares of common stock to Chardan up to $2.5 billion, subject to terms and conditions.

The increase provides a larger equity line for the company to draw on over time rather than an immediate capital raise.