Hyperion DeFi's Stock Rises Following Significant HYPE Token Acquisition

According to BlockBeats, Hyperion DeFi (NASDAQ: HYPD) experienced a 6.75% increase in pre-market trading, with shares currently priced at $8.22. This rise is attributed to the company's recent acquisition of 108,594 HYPE tokens.

Previously, BlockBeats reported that Hyperion DeFi announced the purchase, bringing its total HYPE token holdings to 1,535,772. The average acquisition cost for these tokens was $36.14 each.