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Hyperliquid Strategies amended its committed equity facility with Chardan Capital Markets, raising the financing ceiling to $2.5 billion from $1 billion in an 8-K filing. It plans to use proceeds to buy HYPE tokens for its treasury.
Hyperliquid Strategies (PURR) shares are trading higher after results for the fiscal-year ended June 30, 2026. The company raised $647M via a committed equity facility and increased HYPE treasury to 29.3M tokens, citing zero debt and $149.9M cash/cash-like.