Reported 2 days ago
The Hyperliquid Strategies Inc. (HSI) initiative, created through a reverse merger, aims to accumulate significant reserves of HYPE, the native token of the Hyperliquid blockchain. This move reflects a shift in corporate crypto treasury strategies, with companies now targeting altcoins rather than just Bitcoin. Analysts present differing views on HYPE's valuation, suggesting it may still be undervalued based on revenue metrics, while others urge caution due to its rapid price increase. The emergence of HSI could signal a new wave of corporate investments in cryptocurrencies, potentially reshaping how companies approach digital assets.
Source: YAHOO