X @BREAD | ∑:

Investment Thesis - The analyst plans to invest in $HYPD when markets open on Monday, based on its potential as a tradfi cabal stock play on $HYPE [1] - Hyperliquid ecosystem is seen as a primary platform for fee accumulation and attracting tradfi bidders, expecting continued growth [2] - The analyst intends to reduce COIN position to increase investment in $HYPD [2] Key Personnel & Strategic Partnerships - The CIO who proposed the HYPE DATco strategy was promoted to CEO on Tuesday [1] - @fiege_max, who secured the USDH bid with Native Markets, is a strategic advisor [1] Valuation & Market Positioning - $HYPD is currently trading near its mNAV after recovering from a 50% discount in the past week [1] - Hyperion is positioning itself as a validator and has been farming Kinetiq+, promising to pass on value to stockholders [1] Market Sentiment - Tom Lee retweeted an analyst's post about HYPD+SONN, highlighting "investors love cashflows" [1]