Lion Group Completes First HYPE Token Acquisition, Buying $2 Million of Tokens at an Average Price of $37.30
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最新报道：According to the news from Bijie.com, on June 26 (UTC+8), Lion Group Holding Ltd. (NASDAQ: LGHL) announced today that it has completed the first Hyperliquid (HYPE) token acquisition, purchasing $2 million worth of tokens at an average price of approximately $37.30 per token. This move marks the official launch of the company's previously announced $600 million convertible debt financing plan, and the first phase has completed $11 million in financing. LGHL plans to use most of the funds to expand its token reserves, including further purchases of HYPE, Solana (SOL) and Sui (SUI). Under the terms of the agreement, at least 75% of the net proceeds from each subsequent financing will be used for token acquisitions, and the remaining funds will support crypto business operations and on-chain projects. Wilson Wang, CEO of LGHL, said that this acquisition is the first step in the company's commitment to establish a "next-generation Layer-1 token reserve", and the company regards HYPE as a fundamental asset for decentralized finance.
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