🔴 Hyperliquid Strategies is trading 4.18% down in pre-market after expanding its equity facility to $2.5 billion

Hyperliquid Strategies is trading 4.18% down at $10.88 after expanding its Chardan equity facility from $1 billion to $2.5 billion, increasing potential new-share issuance and dilution concerns.

• It closed September 1, 2026 at $11.36, down 7.31%.
• Bitcoin is down 1.11% and Ethereum 2.38% since the previous close.
• Broader risk-off sentiment adds pressure.