{"id":54439,"date":"2025-10-23T13:16:39","date_gmt":"2025-10-23T13:16:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54439"},"modified":"2025-10-23T13:16:39","modified_gmt":"2025-10-23T13:16:39","slug":"are-xrp-sol-done-hype-pumps-10-on-1-billion-treasury-raise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54439","title":{"rendered":"Are XRP, SOL Done? HYPE Pumps 10% On $1 Billion Treasury Raise"},"content":{"rendered":"<div>\n<p><strong>Hyperliquid <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">HYPE<\/a>) jumped 10% to $39.70 on Thursday after <strong>Hyperliquid Strategies Inc.<\/strong> filed a Form S-1 with the SEC, seeking to raise up to $1 billion through a 160 million-share public offering that could also fund token purchases linked to <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/09\/47498043\/is-lighter-the-next-hyperliquid\">its cryptocurrency strategy<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">IPO Filing Highlights Direct Link To Crypto Strategy<\/h3>\n<p>According to the SEC filing, the company <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/2078856\/000149315225018936\/forms-1.htm\">plans<\/a> to use a portion of the proceeds to acquire HYPE tokens, directly connecting its equity raise to the digital asset ecosystem it operates in.\u00a0<\/p>\n<p>The New York-based firm, a merger between <strong>Sonnet BioTherapeutics Holdings Inc<\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/SONN\">SONN<\/a>) and Rorschach I LLC led by CEO <strong>David Schamis<\/strong>, listed general corporate purposes and token purchases among the primary uses of capital.<\/p>\n<p>The proposed raise would value the deal among the largest digital-finance offerings this year.<\/p>\n<h3 class=\"wp-block-heading\">Technical Setup Shows Bullish &#8230;<\/h3>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48378477\/are-xrp-sol-done-hype-pumps-10-on-1-billion-treasury-raise\" alt=\"Are\" xrp sol done hype pumps on billion treasury raise>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid (CRYPTO: HYPE) jumped 10% to $39.70 on Thursday after Hyperliquid Strategies Inc. filed a Form S-1 with the SEC, seeking to raise up to $1 billion through a 160 million-share public offering that could also fund token purchases linked to its cryptocurrency strategy. IPO Filing Highlights Direct Link To Crypto Strategy According to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54439","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54439"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54439\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}