Hyperliquid Strategies Files for $1B HYPE Token Buy

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Hyperliquid Strategies has filed with the SEC to raise up to $1 billion for more HYPE token purchases — powering the world’s largest decentralized derivatives platform.

The offering covers 160M common shares, advised by Chardan Capital Markets.
The move sparked an 8% jump in HYPE to $37.73, even as the broader market dipped 0.6%.