TLDR
- Lion Group Holding (LGHL) announced it will convert all Solana and Sui cryptocurrency holdings to Hyperliquid tokens
- The move follows BitGo Trust Company’s launch of institutional Hyperliquid custody solutions in the U.S.
- Company will use an accumulation strategy over time to lower average acquisition costs through market volatility
- CEO Wilson Wang says Hyperliquid offers the most compelling opportunity in decentralized finance with on-chain order book
- Stock jumped 11.11% on the announcement while analysts maintain a Sell rating with $2.50 price target
Lion Group Holding took a sharp turn with its cryptocurrency strategy on September 8, 2025. The Singapore-based trading platform operator announced plans to swap all of its Solana and Sui assets for Hyperliquid tokens.

The timing wasn’t random. BitGo Trust Company had just launched institutional custody solutions for Hyperliquid in the United States. This development opened the door for companies like Lion Group to make bigger bets on the platform.
Lion Group Holding Ltd. Shifts Treasury to #Hyperliquid!
Lion Group Holding Ltd. $LGHL, a global trading platform operator, has announced a strategic reallocation of its treasury:
– Converting all $SOL & $SUI holdings into $HYPE.
– Move follows BitGo Trust Company’s U.S. launch… pic.twitter.com/qawuyX303y— Crypto Miners (@CryptoMiners_Co) September 9, 2025
Lion Group won’t dump everything at once though. The company plans to use what it calls an “accumulation strategy” to make the conversion gradually. This approach aims to reduce the average cost of acquiring HYPE tokens by taking advantage of price swings.
Wilson Wang, CEO of Lion Group, made his position clear. “We believe Hyperliquid represents the most compelling opportunity in decentralized finance, with its on-chain order book and efficient trading infrastructure,” he said.
The CEO’s confidence extends beyond just the technology. Wang believes the shift will “enhance portfolio efficiency and position the Company for sustained growth in the crypto sector.”
What Makes Hyperliquid Different
Lion Group’s interest centers on Hyperliquid’s unique setup. The platform runs as both a Layer 1 blockchain and a decentralized perpetual futures exchange. This dual nature sets it apart from traditional crypto platforms.
The on-chain order book feature particularly caught Lion Group’s attention. Most decentralized exchanges struggle with order matching and execution speed. Hyperliquid claims to solve these problems with its infrastructure.
Lion Group operates its own trading platform with multiple services. These include total return swap trading, contract-for-difference trading, and over-the-counter stock options. The company also handles futures and securities brokerage.
Market Response and Analyst Views
The announcement sent Lion Group’s stock price up 11.11% on September 8. Trading volume spiked as investors reacted to the crypto strategy shift.
Wall Street analysts remain cautious despite the pop. The most recent analyst rating stands at Sell with a $2.50 price target. TipRanks‘ AI system called Spark rates the stock as Underperform.
The bearish outlook stems from Lion Group’s financial challenges. The company shows negative earnings and weak balance sheet metrics. Technical indicators also point downward according to analyst reports.
Lion Group’s market cap sits at just $995,200 as of the announcement date. Average daily trading volume reaches 1,230,698 shares. The low market cap makes the stock prone to big price swings.
The company’s current P/E ratio is negative, reflecting its earnings struggles. This valuation metric raises red flags for traditional stock investors.
Lion Group promised to provide periodic updates as it manages the treasury conversion. The company also said it continues exploring other opportunities in the digital asset space.
The reallocation represents a major strategic bet on Hyperliquid’s technology and market position. Lion Group is essentially doubling down on one platform instead of diversifying across multiple cryptocurrencies.
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