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![Crypto_Potato Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2367079278.png) CryptoPotato Official [@Crypto_Potato](/creator/twitter/Crypto_Potato) on x 37.9K followers
Created: 2025-07-14 11:29:25 UTC

🚨 BREAKING: Nasdaq-listed Sonnet BioTherapeutics has agreed to merge in an $888M deal to become Hyperliquid Strategies.

📦 Will hold:
• 12.6M $HYPE
• $305M cash
Backed by Paradigm, Pantera, Galaxy & more — this will be the first public crypto treasury company for Hyperliquid.

![](https://pbs.twimg.com/media/Gv0JVawWYAA_uPo.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944720886482829372/c:line.svg)

**Related Topics**
[$305m](/topic/$305m)
[hyperliquid](/topic/hyperliquid)
[$888m](/topic/$888m)
[$hype](/topic/$hype)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/Crypto_Potato/status/1944720886482829372)