Lion Group completed the first $2 million HYPE purchase, planning to buy SOL and SUI.

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

Lion Group Holding completed its first purchase of HYPE Token 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 Lion Group Holding (NASDAQ: LGHL), a publicly listed company in the US stock market, has announced the completion of its initial 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 company’s first strategic acquisition under the previously announced financial plan for HYPE, 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 initial delivery to continue its acquisition of HYPE, SOL, and SUI.

LION-2,58%

HYPE-7,04%

SOL-3,2%

SUI-1,32%

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