Sonnet BioTherapeutics Announces $888 Million Merger to Launch HYPE Crypto Reserve
TL;DR Summary
Sonnet BioTherapeutics plans a $888 million business combination to create a public cryptocurrency treasury company, Hyperliquid Strategies Inc., holding a significant reserve of HYPE tokens and cash to enhance its strategic position in digital assets, while continuing its biotech operations.
Topics:business#business#business-combination#cryptocurrency#hype-token#sonnet-biotherapeutics#strategic-reserve
- Sonnet BioTherapeutics, Inc. Announces $888 Million Business Combination to Launch a HYPE Cryptocurrency Treasury Reserve Strategy GlobeNewswire
- Massive $888M Deal: Biotech Firm Makes Historic Pivot to Become Largest US Public HYPE Token Holder Stock Titan
- Sonnet BioTherapeutics jumps over 320%, combines business for HYPE crypto reserve (SONN:NASDAQ) Seeking Alpha
- Sonnet to Merge With Rorschach, Form $888M Crypto Treasury Firm Hyperliquid Strategies MarketScreener
- Sonnet BioTherapeutics to merge, creating $888m crypto treasury By Investing.com Investing.com Canada
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