Hyperliquid treasury company increases token buying strategy to $2.5 billion as shares run out

Filings show at least $763.7 million raised, leaving at most $236.3 million before discounted share sales face a Nasdaq cap. The post Hyperliquid treasury company increases token buying strategy to $2.5 billion as shares run out appeared first on CryptoSlate.
Discussion
Related stories

Bitcoin’s volatility ratio against gold collapses to 6-year low as traditional safe haven turbulence surges
Bitcoin and gold are trading more like each other than at any point since 2020, even as their latest divergence tests that relationship. Their 90-day correlation has climbed to about 0.55, the highest in nearly six years, while Bitcoin’s volatility stands at 36.2% compared with 25.3% for gold. That makes Bitcoin just…

Bitcoin ETFs Rebound as Ethereum and XRP ETFs End Winning Streaks
Ethereum funds broke a 12-day winning run and XRP snapped an 11-session streak on Wednesday, while Bitcoin ETFs bounced back with $101.15 million in one day after their worst outflow since July.

Bitcoin keeps whipsawing around $77,000, and ETF investors are doing the same
A $70.1 million outflow ended the two-session divide, but one day cannot settle whether demand is retreating. The post Bitcoin keeps whipsawing around $77,000, and ETF investors are doing the same appeared first on CryptoSlate.