Hyperliquid Strategies, a Nasdaq-listed company using equity sales to build a HYPE token treasury, has expanded its purchase program from $1 billion to $2.5 billion. The company has already raised at least $763.7 million, leaving only about $236.3 million before a dilution threshold activates. It has deployed $773.4 million to acquire approximately 16.5 million HYPE tokens and currently holds roughly 29.3 million. The $2.5 billion facility represents potential financing capacity, not a guaranteed token buying program, as access to the full amount depends on sale prices and stockholder authorizations.
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