POPA ReconHyperliquid Strategies Lifts Equity Facility to $2.5B
Hyperliquid Strategies Lifts Equity Facility to $2.5B The Nasdaq-listed Hyperliquid Strategies expanded its committed equity facility to $2.5 billion from $1 billion, the HYPE treasury company disclosed in an 8-K filed on September 1. The facility, a ChEF Purchase Agreement with Chardan Capital Markets first signed in October 2025, lets the firm sell newly issued common stock to the bank on demand. After the first $1 billion in sales, a Nasdaq rule caps stock priced below $12.02 at 42.6 million shares, or 19.99% of shares outstanding. As of June 30 the company had sold roughly $647 million…
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