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

robot
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.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)