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repurchased 240,124 shares of its common stock at a weighted average price of $3.21 per share and retired approximately $8.6 million in legacy debt as of October 2, 2026.
The company stated these actions are part of its efforts to optimize its capital structure for the benefit of common stockholders. According to a press release, the debt paydown was partially funded by HYPE token sales.
Following the payoff of the loan with Avenue Capital, Hyperion DeFi reported that it had no long-term debt outstanding. The company repaid all outstanding principal and interest due under the loan agreement.
Hyunsu Jung, Chief Executive Officer of Hyperion DeFi, said the company continued to execute on promises made to investors.
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