Key facts
- Hyperliquid Strategies increased its equity facility with Chardan Capital Markets to $2.5 billion.
- The equity facility allows Hyperliquid Strategies to sell shares to Chardan Capital Markets for resale.
- The company has already raised $647 million under the original $1 billion facility.
- Hyperliquid Strategies holds approximately 29.3 million HYPE tokens.
- A shareholder vote is required if dilution exceeds 19.99% after $1 billion in facility sales.
Hyperliquid Strategies has expanded its equity facility with Chardan Capital Markets to $2.5 billion, adding $1.5 billion in potential fundraising capacity. The company filed an amendment to its agreement, which allows it to sell shares to Chardan for resale on the open market. Through June 30, 2026, Hyperliquid Strategies had already raised $647 million by issuing approximately 76 million shares at an average price of $8.70, deploying most of the proceeds into HYPE token purchases and its own share buybacks. The treasury now holds about 29.3 million HYPE tokens. An investor protection clause will require a shareholder vote if dilution exceeds 19.99% after the first $1 billion in facility sales is utilized, with shares issued below $12.02.