Hyperliquid Strategies raises $647M, doubles HYPE treasury to 29.3M tokens

Hyperliquid Strategies reported raising $647 million in equity capital and more than doubling its Hyperliquid native token treasury to 29.3 million HYPE, valued at roughly $1.9 billion at fiscal year end, while maintaining $149.9 million in cash and no debt. The disclosure was reported by The Block and covered by multiple outlets.

Detected & updated continuously · Source: Nebula

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