LGHL Completes Initial HYPE Purchase Following the First Closing under $600 Million Facility
Lion Group Holding (Nasdaq: LGHL) has completed its initial purchase of Hyperliquid (HYPE) tokens as part of its treasury initiative. The company acquired HYPE tokens worth $2 million at an average price of $37.30 per token.
This purchase follows the first closing of $11 million in principal amount under LGHL's $600 million convertible debenture facility. The company plans to allocate at least 75% of net proceeds from subsequent closings to token acquisitions, including HYPE, Solana (SOL), and Sui (SUI), for its treasury reserve.
Lion Group Holding (Nasdaq: LGHL) ha completato il suo acquisto iniziale di token Hyperliquid (HYPE) nell'ambito della sua iniziativa di tesoreria. La societ脿 ha acquisito token HYPE per un valore di 2 milioni di dollari a un prezzo medio di 37,30 dollari per token.
Questo acquisto segue la prima chiusura di 11 milioni di dollari in importo principale nell'ambito della linea di debito convertibile da 600 milioni di dollari di LGHL. La societ脿 prevede di destinare almeno il 75% dei proventi netti delle chiusure successive all'acquisto di token, inclusi HYPE, Solana (SOL) e Sui (SUI), per la riserva di tesoreria.
Lion Group Holding (Nasdaq: LGHL) ha completado su compra inicial de tokens Hyperliquid (HYPE) como parte de su iniciativa de tesorer铆a. La compa帽铆a adquiri贸 tokens HYPE por un valor de 2 millones de d贸lares a un precio promedio de 37,30 d贸lares por token.
Esta compra sigue al primer cierre de 11 millones de d贸lares en monto principal bajo la l铆nea de deuda convertible de 600 millones de d贸lares de LGHL. La empresa planea destinar al menos el 75% de los ingresos netos de cierres posteriores a adquisiciones de tokens, incluyendo HYPE, Solana (SOL) y Sui (SUI), para su reserva de tesorer铆a.
Lion Group Holding (雮橃姢雼�: LGHL)臧 鞛愱笀 甏毽� 瓿勴殟鞚� 鞚柬櫂鞙茧 Hyperliquid (HYPE) 韱犿伆鞚� 齑堦赴 甑Г毳� 鞕勲頄堨姷雼堧嫟. 須岇偓電� 韱犿伆雼� 韽夑窢 臧瓴� 37.30雼煬鞐� 200毵� 雼煬 靸侂嫻鞚� HYPE 韱犿伆鞚� 毵れ瀰頄堨姷雼堧嫟.
鞚措矆 甑Г電� LGHL鞚� 6鞏� 雼煬 鞝勴櫂靷眲 鞁滌劋鞐愳劀 1,100毵� 雼煬鞚� 斓滌磮 毵堦皭 鞚错泟 鞚措(鞏挫鞀惦媹雼�. 須岇偓電� 頉勳啀 毵堦皭鞐愳劀 氚滌儩頃橂姅 靾滌垬鞚奠潣 斓滌唽 75%毳� HYPE, Solana (SOL), Sui (SUI) 霌� 韱犿伆 毵れ瀰鞐� 頃犽嫻頃橃棳 鞛愱笀 氤挫湢瓿犽 靷毄頃� 瓿勴殟鞛呺媹雼�.
Lion Group Holding (Nasdaq : LGHL) a finalis茅 son achat initial de tokens Hyperliquid (HYPE) dans le cadre de son initiative de tr茅sorerie. La soci茅t茅 a acquis des tokens HYPE pour une valeur de 2 millions de dollars 脿 un prix moyen de 37,30 dollars par token.
Ce achat fait suite 脿 la premi猫re cl么ture de 11 millions de dollars en principal dans le cadre de la facilit茅 d'obligations convertibles de 600 millions de dollars de LGHL. La soci茅t茅 pr茅voit d鈥檃llouer au moins 75% des produits nets des cl么tures suivantes 脿 l鈥檃cquisition de tokens, y compris HYPE, Solana (SOL) et Sui (SUI), pour sa r茅serve de tr茅sorerie.
Lion Group Holding (Nasdaq: LGHL) hat seinen ersten Kauf von Hyperliquid (HYPE) Token im Rahmen seiner Treasury-Initiative abgeschlossen. Das Unternehmen erwarb HYPE-Token im Wert von 2 Millionen US-Dollar zu einem Durchschnittspreis von 37,30 US-Dollar pro Token.
Dieser Kauf folgt auf den ersten Abschluss von 11 Millionen US-Dollar im Nennbetrag im Rahmen der 600-Millionen-US-Dollar-Wandelanleihe von LGHL. Das Unternehmen plant, mindestens 75% der Nettoerl枚se aus nachfolgenden Abschl眉ssen f眉r den Erwerb von Token, darunter HYPE, Solana (SOL) und Sui (SUI), f眉r seine Treasury-Reserve zu verwenden.
- Secured $11 million in initial closing from a $600 million convertible debenture facility
- Strategic acquisition of HYPE tokens worth $2 million
- Clear allocation strategy with 75% of proceeds dedicated to token acquisitions
- Significant debt exposure through convertible debenture facility
- High concentration risk in volatile crypto assets
- Potential dilution risk from convertible debentures
- Acquired HYPE tokens for
at an average price of approximately$2 million per token$37.30 - Plans to make additional purchases of HYPE, Solana (SOL), and Sui (SUI)
"This marks the first step in our commitment to building a next-generation layer-1s treasury," stated Wilson Wang, CEO of LGHL. "HYPE represents a foundational execution-first asset in decentralized finance. We view it as core infrastructure in the evolution of capital markets and intend to participate deeply in its ecosystem."
The HYPE purchase follows the first closing of
Under the terms of the facility, at least
LGHL will provide periodic updates as it expands its treasury reserve.
About Lion Group Holding Ltd.
Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in-one, state-of-the-art trading platform that offers a wide spectrum of products and services, including (i) total return swap (TRS) trading, (ii) contract-for-difference (CFD) trading, (iii) Over-the-counter (OTC) stock options trading, and (iv) futures and securities brokerage. Additional information may be found at .
Forward-Looking Statements
This press release contains, "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the
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Lion Group Holding Ltd.
Tel: +65 8877 3871
Email: [email protected]
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