HYPE treasury firm Hyperliquid Strategies boosts equity facility to $2.5B

The Nasdaq-listed company previously raised $647 million through the facility and accumulated about 29.3 million HYPE tokens.

HYPE treasury company Hyperliquid Strategies increased its equity facility with Chardan Capital Markets from $1 billion to $2.5 billion, giving the company additional capacity to raise capital through share sales.

In a Tuesday filing with the US Securities and Exchange Commission, Hyperliquid Strategies said it amended its October 2025 Chardan Equity Facility purchase agreement to increase the aggregate gross purchase price of newly issued common shares.

The agreement allows Hyperliquid Strategies to periodically direct Chardan, a New York-based investment bank and broker-dealer, to purchase shares subject to pricing, trading volume, and other conditions. Chardan can subsequently resell the shares in the public market.