Lion Group completed its first purchase of 2 million USD in HYPE, planning to buy SOL and SUI.

ForesightNews · 2025-06-26T14:00:51+00:00

Lion Group Holding has completed the first purchase of HYPE tokens worth 2 million USD at an average price of 37.3 USD. This is the first acquisition under its financial plan, aimed at continuing the acquisition of HYPE, SOL, and SUI.

ForesightNews

2025-06-26 14:00:51

Abstract generation in progress

Foresight News reports that the US-listed company Lion Group Holding (NASDAQ: LGHL) has announced the completion of its first purchase of Hyperliquid (HYPE) tokens, acquiring $2 million worth of HYPE tokens at an average price of approximately $37.3 per token. This marks the first strategic acquisition under the company’s previously announced HYPE financial plan, following the initial delivery of $11 million principal from the company’s $600 million convertible bond financing. LGHL plans to use a large portion of the net proceeds from the first delivery to continue acquiring HYPE, SOL, and SUI.

LION-1,79%

HYPE-0,91%

SOL-1,21%

SUI-1,4%

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