HyperLiquid Strategies to Implement a Buyback of Up to Approximately $300 Million

HyperLiquid Strategies, the financial entity behind the cryptocurrency HyperLiquid (HYPE), announced on the 8th that its board has approved a share buyback program of up to $30 million (approximately 4.7 billion yen).

While there is a possibility of delay, the plan is to proceed with the buyback over a maximum period of 12 months, purchasing shares through open market transactions and other methods approved by regulatory laws. However, the possibility of halting the plan midway was also acknowledged.

In this announcement, CEO David Shamis of HyperLiquid Strategies commented as follows.

"We are committed to enhancing shareholder value through disciplined financial strategies...