UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2026
Commission File Number: 001-39301
LION GROUP HOLDING LTD.
Not Applicable
(Translation of registrant’s name into English)
Cayman Islands
(Jurisdiction of incorporation or organization)
10 Ubi Crescent, #06-51 (Office 12), Ubi
Techpark
Singapore 408574, Lobby C
(Address of principal executive office)
Registrant’s phone number, including area
code
+65 8877 3871
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒
Form 40-F ☐
Other Information
On September 30, 2026, Lion Group Holding Ltd.
(the “Company”) issued a press release announcing that it has sold its entire holdings of Solana and a portion of its Bitcoin
holdings on September 29, 2026, in order to acquire an additional approximately 38,102 Hyperliquid tokens (“HYPE”). Following
the reallocation, the Company holds approximately 232,900 HYPE valued at approximately US$20.1 million.
A copy of the press release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.
| Exhibit |
|
Description |
| 99.1 |
|
Press release, dated September 30, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 30, 2026
| |
LION GROUP HOLDING LTD. |
| |
|
| |
By: |
/s/ Chunning Wang |
| |
Name: |
Chunning Wang |
| |
Title: |
Chief Executive Officer and Director |
Exhibit 99.1
Lion Group Holding Ltd. Announces Strategic
Treasury Reallocation Toward Hyperliquid (HYPE)
SINGAPORE, September 30, 2026 /PRNewswire/ —
Lion Group Holding Ltd. (NASDAQ: LGHL) (“Lion Group” or the “Company”) today announced a strategic reallocation
of a portion of its digital-asset treasury.
The Company has sold its entire holdings of Solana
(“SOL”) and a portion of its Bitcoin (“BTC”) holdings on September 29, 2026. The proceeds from these sales have
been used to acquire additional approximately 38,102 Hyperliquid (“HYPE”) tokens. Upon completion of the reallocation, the
Company holds approximately 232,900 HYPE and this position was valued at approximately USD 20.1 million.
Following the transaction, the Company continues
to hold its previously established HYPE position and has not sold any of its existing HYPE tokens. This action further concentrates the
Company’s digital-asset treasury toward HYPE and reflects its ongoing conviction in Hyperliquid’s fundamentals and long-term
potential as part of its treasury management strategy.
Recent Developments in Hyperliquid
Hyperliquid has continued to demonstrate growth,
supported by strong on-chain perpetuals trading volumes, protocol activity, and ongoing product expansion. According to publicly reported
information, the platform introduced a manual borrowing feature in mid-September that allows users to supply HYPE or Bitcoin as collateral
to borrow stablecoins. Open interest on the platform reached record levels in late September, and HYPE was listed for spot trading on
Binance. In addition, Gemini has launched HYPE staking for eligible U.S. customers, and low-latency market data feeds for Hyperliquid
have been made available through infrastructure providers.
These developments, together with continued ecosystem
expansion and institutional access channels such as U.S. spot ETFs, have coincided with broader market attention on the platform. The
Company does not express any view on the future performance of Hyperliquid or the HYPE token.
Lion Group will continue to monitor market and
regulatory developments and provide updates as appropriate.
About Lion Group Holding Ltd.
Lion Group Holding Ltd. (Nasdaq: LGHL) operates
an all-in-one, state-of-the-art trading platform that offers a wide spectrum of products and services, including (i) total return swap
(TRS) trading, (ii) contract-for-difference (CFD) trading, and (iii) Over-the-counter (OTC) stock options trading. Additional information
may be found at http://ir.liongrouphl.com.
Forward-Looking Statements
This press release contains, “forward-looking
statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements
are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Lion’s actual
results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believes,” “predicts,” “potential,” “might” and “continues,”
and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not
limited to, statements about: Lion’s cryptocurrency treasury management goals and strategies; Lion’s future business development,
financial condition and results of operations; Lion’s views regarding cryptocurrencies and digital assets, including HYPE; relevant
government policies and regulations relating to our industry, operations, and digital assets; general economic and business conditions
globally; the trading prices of crypto asset; and assumptions underlying or related to any of the foregoing. Lion cautions that the foregoing
list of factors is not exclusive. Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak
only as of the date made. Lion does not undertake or accept any obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which
any such statement is based, subject to applicable law. Additional information concerning these and other factors that may impact our
expectations and projections can be found in Lion’s periodic filings with the SEC, including Lion’s Annual Report on Form
20-F for the fiscal year ended December 31, 2025. Lion’s SEC filings are available publicly on the SEC’s website at www.sec.gov.
Contacts
Lion Group Holding Ltd.
Tel: +65 8877 3871
Email: ir@liongrouphl.com
