1 min read
Add as a preferred source on Google

Hyperliquid Strategies Adds 130,000 Hyperliquid (HYPE) Tokens

The purchase was valued at $10.23 million. The company’s cash balance fell by $10 million to $245.3 million.

Unmarked metal tokens pass through a precision counting tray / TokenPost.ai
Unmarked metal tokens pass through a precision counting tray / TokenPost.ai

Hyperliquid Strategies bought 130,000 Hyperliquid (HYPE) tokens during the week, bringing its HYPE holdings to 38.83 million tokens worth about $3.055 billion overall.

The purchase was valued at $10.23 million. HYPE serves as the Hyperliquid platform’s native asset.

A previous purchase of 180,000 HYPE had brought the company’s holdings to 38.7 million tokens, valued at about $3.08 billion. Its cash balance then stood at $255.3 million, compared with $245.3 million now.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…