BitMine Chairman Tom Lee said digital asset treasury companies could influence HYPE's price through continued purchases. Companies trading above net asset value can raise additional funds to buy digital assets, potentially reducing circulating supply and supporting prices. Lee said such companies currently hold about 14% of Hyperliquid's HYPE supply and could eventually reach 50%, a level he associated with a potentially parabolic move. The comments were made to CoinDesk at Korea Blockchain Week on September 30, 2026, and were highlighted in a post by @WuBlockchain. Broader cryptocurrency markets are showing mixed momentum, underscoring the need to assess market dynamics rather than rely solely on price forecasts. U.Today also cautioned that Lee's optimistic outlook may not match subsequent conditions.