Lion Group Liquidates SOL and Trims BTC, Adds Approximately 38,100 HYPE to Holdings

Odaily News: Nasdaq-listed company Lion Group Holding (NASDAQ: LGHL) announced an adjustment to its digital asset reserves, selling its entire SOL position and part of its BTC holdings on September 29, and using the proceeds to purchase an additional approximately 38,102 HYPE.

Following this adjustment, Lion Group holds approximately 232,900 HYPE, valued at approximately $20.1 million. The company stated that this transaction did not involve selling its existing HYPE holdings, and its digital asset reserves are further concentrating toward HYPE. (The Wall Street Journal)