$LGHL - don’t blind ape 2M mcap slippage is high
Don’t blind ape this as it’s super small and your fill will probably move the price, research first then limit order or dca in if you like it. Not new news, hyperliquid Ponzi treasury. Will write more soon. Very lotto type play risking less than a percent on it. TLDR bullish on $HYPE and and treasury ponzu
3 wk old article: https://www.theblock.co/amp/post/358838/lion-group-secures-600-million-facility-hyperliquid-treasury
3 days old update on what they hold:
https://www.prnewswire.com/news-releases/lghl-purchases-additional-hype-reaches-7-million-in-aggregate-purchases-for-treasury-reserve-302498540.html
Treasury holdings as of July 7, 2025: (roughly 7M, not sure what is correct mcap for company even though my broker shows <2M
Hyperliquid (HYPE): 128,929 tokens
Solana (SOL): 6,629 tokens
Sui (SUI): 356,129 tokens