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$BTC$84,346+0.5%$ETH$2,700−0.6%$SOL$120.41−0.2%$XRP$1.51−2.5%$TON$1.51−2.0%MCap$2.86T−0.6%BTC.D59.1%Fear&Greed71 GreedGas1.1 gwei·3.1 sat/vBNews mood26% bullish
Basis Desk
Institutions & ETFs · 1 min read

Lion Group Liquidates SOL and Trims BTC to Expand HYPE Treasury to $20.1M

Nasdaq-listed Lion Group Holding sold all of its Solana holdings and part of its Bitcoin reserves to purchase 38,102 HYPE tokens, boosting its treasury position to 232,900 HYPE.

Editorial oversight: Julian Mercer, Chief Editor
Bullish
$HYPE $85.90 −2.1% $SOL $120.41 −0.2% $BTC $84,346 +0.5%

Key points

  • Lion Group fully liquidated its SOL reserves and trimmed BTC holdings on Sept. 29 1.
  • Proceeds funded the acquisition of 38,102 HYPE, bringing total treasury holdings to approximately 232,900 HYPE ($20.1 million) 1.
  • The reallocation follows Hyperliquid's launch of manual borrowing, record open interest, and a Binance spot listing 1.

Nasdaq-listed financial services firm Lion Group Holding Ltd. has liquidated its entire Solana reserve and trimmed its Bitcoin holdings to fund a strategic treasury reallocation into Hyperliquid ($HYPE) 1.

According to a company announcement released on Sept. 30, Lion Group sold all of its $SOL and a portion of its $BTC on Sept. 29 1. The firm utilized the capital to purchase approximately 38,102 HYPE tokens 1. Following the trade, Lion Group's cumulative treasury holding reached approximately 232,900 HYPE, representing an aggregate valuation of roughly $20.1 million 1. The company noted it retained its previous HYPE reserves and did not dispose of any tokens during the reshuffle 1.

Shifting Treasury Priorities

The pivot represents an aggressive concentration toward decentralized derivatives infrastructure. Lion Group pointed to Hyperliquid's expanding product stack as a driver for the allocation, referencing the protocol's mid-September launch of a manual borrowing mechanism allowing users to post HYPE or Bitcoin collateral to borrow stablecoins 1. In addition, the firm cited protocol milestones including record open interest levels in late September, a spot trading listing on Binance, and the rollout of HYPE staking via Gemini for qualified US participants 1.

At the time of writing, HYPE traded at $87.60, down 1.0% over the trailing 24 hours, while BTC changed hands at $85,289. Lion Group stated it plans to continue monitoring market conditions and regulatory environments as it manages its digital asset portfolio 1.

Sources

  1. [1] Lion Group Holding Ltd. Announces Strategic Treasury Reallocation Toward Hyperliquid (HYPE) — PR Newswire, September 30, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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