Lion Group Sells Solana Holdings to Increase Hyperliquid Position

Nasdaq-listed Lion Group has sold its entire Solana (SOL) holdings and a portion of its Bitcoin (BTC) to expand its position in Hyperliquid (HYPE). The company acquired an additional 38,102 HYPE, bringing its total holdings to approximately 232,900 tokens valued at roughly 20 million USD. CEO Wilson Wang cited Hyperliquid's on-chain order book and DeFi infrastructure as key reasons for the shift, as the company continues to pivot its crypto treasury strategy toward HYPE as its primary reserve asset.