Lion Group Holding Ltd. (LGHL) announced it has amended its Securities Purchase Agreement to facilitate a subsequent closing under its convertible note facility, raising $9,984,000 in gross proceeds.
The Singapore-based company plans to allocate $8 million of the net proceeds to purchase bitcoin for its corporate treasury. The subsequent closing is expected to complete on or about December 5, 2025, subject to customary closing conditions.
"Our digital asset strategy is designed to capture opportunities while maintaining a disciplined approach to risk," said Wilson Wang, CEO of LGHL. "We believe increasing our bitcoin exposure at this juncture enhances our corporate treasury currently primarily comprised of HYPE."
Wang stated the company views current market conditions as presenting a favorable accumulation window, supported by what he described as a broader "flight to quality" and continued adoption of bitcoin as a macro asset.
The company indicated it will continue to actively manage its corporate treasury and may reallocate among digital assets based on market conditions. While LGHL remains focused on opportunities within the Hyperliquid ecosystem, the addition of bitcoin is intended to provide liquidity and diversification for its balance sheet.
Chardan is serving as the sole placement agent for the subsequent closing. Lion Group operates a trading platform offering total return swap trading, contract-for-difference trading, over-the-counter stock options trading, and futures and securities brokerage services. #bitcoin #ETH
