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Hyperliquid Strategies (HSI), a treasury company specializing in holding HYPE tokens, has just announced a plan to buy back $30 million worth of shares within 12 months. The goal is to make each share represent more HYPE, thereby increasing value for shareholders.
How HSI operates
- Staking the majority of HYPE tokens
- Participating in yield-generating DeFi activities
Helping shareholders benefit from treasury strategies that are difficult for individuals to execute on their own.
The company has also registered the right to issue an additional $1 billion worth of shares, in order to be able to buy more HYPE in the future.