On July 15, Hyperion DeFi Corporation (Nasdaq: HYPD) announced an increase of 120,726 $HYPE tokens, bringing its total holdings to 1,427,178 tokens, with an average purchase price of $35.38 per token. This is the company's third increase in $HYPE tokens, and these new holdings are expected to be used for revenue-generating opportunities on HyperCore and HyperEVM. Hyperion DeFi is the first U.S. public company to establish a strategic reserve of Hyperliquid protocol's native token, $HYPE, and is also developing the Optejet device for ophthalmic treatment. As of June 2025, $HYPE has become the 12th largest cryptocurrency by market cap. [TechFlow]