🟢 Hyperliquid Strategies is trading 5.7% up in pre-market after $269M borrowed against HYPE and Bitcoin collateral

Hyperliquid Strategies is trading 5.7% up now at $14.89 after Hyperliquid’s September 18 launch of manual borrowing against HYPE and Bitcoin collateral.

• The launch generated approximately $269 million in borrowed assets and lifted HYPE to record highs.
• Since September 18’s close, BTC is up 3.95%, ETH 3.28%, and SOL 5.17%.
• The stock gained 9.82% on September 18.