---
title: "Sonnet Shareholders Approve Merger to Form $1 Billion HYPE Crypto Treasury"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268826977.md"
description: "Sonnet shareholders approve merger with Rorschach I LLC, creating Hyperliquid Strategies DAT valued near $1 billion with 12. 6 million HYPE tokens and $305 million in cash. source:"
datetime: "2025-12-06T09:00:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268826977.md)
  - [en](https://longbridge.com/en/news/268826977.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268826977.md)
generator: "portal-rs"
---

# Sonnet Shareholders Approve Merger to Form $1 Billion HYPE Crypto Treasury

Sonnet shareholders approve merger with Rorschach I LLC, creating Hyperliquid Strategies DAT valued near $1 billion with 12. 6 million HYPE tokens and $305 million in cash. source: https://catenaa.com/markets/cryptocurrencies/sonnet-shareholders-approve-merger-to-form-1-billion-hype-crypto-treasury/

### Related Stocks

- [SONN.US](https://longbridge.com/en/quote/SONN.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**