HYPE Hyperliquid Strategies, a treasury firm, has bumped up its equity facility limit to $2.5 billion. This move expands the capital-raising tool the company taps for market operations.

What Happened

Hyperliquid Strategies announced it's raising the cap on its equity facility to $2.5 billion. While they didn't share specifics on the structure or timeline, the new limit sets a fresh target for available capital.

Previous Program Results

Before this increase, the Nasdaq-listed company had already pulled in $647 million through the facility and built up a stash of around 29.3 million HYPE tokens. Those numbers show what they've managed to accumulate with the facility before this latest boost.