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#BTC , LION Group Holdings, a financial company registered on NASDAQ, has officially launched its ambitious strategy for a $600 million encryption reserve, announcing the completion of its first purchase of $2 million worth of Hyperliquid #sol HYPE# HYPE Token.
According to the company's statement, the average price for this acquisition was $37.30 per Token, making HYPE the first asset selected in the company's new reserve program. This move follows the initial closing of $11 million in the company's broader $600 million convertible bond issuance.
"The company has completed its first strategic acquisition in Hyperliquid (HYPE)," Lion Group confirmed that this is a foundational step in its long-term encryption allocation strategy.
More purchases are expected: SUI and Solana are under attention.
During the first allocation focused entirely on HYPE, Lion Group stated that they would acquire Solana (SOL) and Sui (SUI) in the upcoming allocation. The company plans to invest at least 75% of its net income into these three assets, further strengthening its commitment to building a diversified encryption investment portfolio.
Lion Group emphasizes that the strategy reflects a targeted and structured approach to building digital reserves, which may improve the long-term stability of the balance sheet. The company did not disclose a specific timeline for additional purchases but confirmed that it is actively planning further allocations.
Strategic diversification through digital assets
Through this announcement, Lion Group joins the growing number of listed companies that will use blockchain-based assets as a strategic reserve component. Although the initial focus is on HYPE, SOL, and SUI, the company can expand its scope through the development of reserve plans.
Through this move, Lion Group indicates that institutional acceptance of emerging encryption assets (beyond Bitcoin and Ethereum) is increasing, which is also part of its forward-looking financial strategy.