Hyperliquid Strategies Expands Equity Funding Capacity from $1 Billion to $2.5 Billion
Digital asset vault company Hyperliquid Strategies has increased its committed equity financing facility with Chardan Capital Markets from $1 billion to $2.5 billion, according to its latest U.S. Securities and Exchange Commission (SEC) filing. As of June 30, the company had sold approximately $647 million in shares. This move will allow Hyperliquid Strategies to sell newly issued common stock to Chardan to raise capital for the development of its vault. Hyperliquid Strategies' Nasdaq-listed shares closed down 7.31% at $11.36 on Tuesday.
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