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SINGAPORE - Lion Group Holding Ltd. (NASDAQ:LGHL), a micro-cap company with a market value of $2.51 million, has acquired additional SUI tokens, bringing its total cryptocurrency holdings to approximately $9.6 million, according to a company press release issued Wednesday. According to InvestingPro data, the company’s stock has declined 64% year-to-date.
The Nasdaq-listed firm’s treasury reserve now includes 128,929 Hyperliquid (HYPE) tokens, 6,629 Solana (SOL) tokens, and 1,015,680 Sui (SUI) tokens. These digital assets form what the company describes as a core part of its strategic treasury reserve focused on next-generation Layer-1 blockchain ecosystems.
Lion Group operates a trading platform offering various financial products including total return swap trading, contract-for-difference trading, over-the-counter stock options trading, and futures and securities brokerage services.
The company indicated it would continue exploring strategic opportunities in the digital asset space and provide periodic updates on its treasury management activities.
The announcement comes amid ongoing volatility in cryptocurrency markets, with companies increasingly diversifying their treasury holdings to include digital assets alongside traditional reserves.
In other recent news, Lion Group Holding Ltd. has announced several key developments. The company completed a $3 million convertible note offering to an institutional buyer, executed under the terms of a previous securities purchase agreement. Additionally, Lion Group has expanded its crypto treasury to approximately $7 million with the acquisition of additional HYPE tokens. The treasury now includes 128,929 Hyperliquid (HYPE) tokens, 6,629 Solana (SOL) tokens, and 356,129 Sui (SUI) tokens.
Lion Group also secured a $600 million facility from ATW Partners to support the launch of its cryptocurrency treasury initiative. This initiative focuses on next-generation blockchain assets, with plans to custody and stake its SOL and SUI assets through BitGo Trust Company, Inc. Furthermore, the company relaunched its cryptocurrency operations to enhance digital asset access for investors. This strategic shift involves integrating cryptocurrency exposure into its existing financial products and pursuing a layer-1 treasury strategy.
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