Hyperliquid Strategies/$PURR
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Capital at risk
About Hyperliquid Strategies
Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. HSI aims to provide capital-efficient and productive access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns that individual holders may not be able to replicate through staking, yield optimization, and active ecosystem engagement. HSI is positioned to become the HYPE-focused digital asset treasury vehicle capitalizing on Hyperliquid's rapid growth and providing exposure to fastest growing revenue pools in digital assets.
- Ticker
- $PURR
- Sector
- Health
- Primary listing
- NASDAQ
- Employees
- 5
- Headquarters
- New York, United States
- Website
- www.hypestrat.xyz
PURR Metrics
BasicAdvanced
$1.9B
3.05
$3.21
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-
Price and volume
Market cap
$1.9B
52-week high
$14.76
52-week low
$3.01
Average daily volume
20M
Financial strength
Current ratio
41.618
Quick ratio
37.772
Profitability
Gross margin (TTM)
100.00%
Net profit margin (TTM)
3,229.83%
Operating margin (TTM)
5,668.37%
Effective tax rate (TTM)
37.52%
Revenue per employee (TTM)
$1,890,000
Management effectiveness
Return on equity (TTM)
32.64%
Valuation
Price to earnings (TTM)
3.053
Price to revenue (TTM)
82.642
Price to book
1.05
Price to tangible book (TTM)
1.05
Price to free cash flow (TTM)
-40.831
Free cash flow yield (TTM)
-2.45%
Free cash flow per share (TTM)
-0.24
Growth
Bulls say / Bears say
Hyperliquid’s underlying fee engine is already large and linked to HYPE demand. VanEck reported $633 billion of Q1 2026 trading volume, a $626 million annualised revenue run-rate and more than 97% of protocol fees funding direct HYPE buybacks. (VanEck)
HSI has increased its HYPE holdings from 12.5 million to 29.3 million while retaining $149.9 million of cash and carrying no debt. Its validator launch also gives it an active role in network infrastructure, rather than leaving it as only a passive token holder. (PR Newswire, Hyperliquid Strategies)
BlackRock disclosed a 10.15 million-share position worth about $79.8 million, or roughly 7.02% of PURR. Institutional ownership gives the company some validation as a listed route to HYPE exposure for investors that cannot or do not want to hold the token directly. (MarketBeat)
HSI is highly concentrated in one volatile asset: HYPE represented about $1.9 billion of its $2.06 billion of assets at 30 June. Reported earnings were also heavily influenced by unrealised gains on those holdings, so a token-price reversal could quickly damage NAV and sentiment. (PR Newswire, Seeking Alpha)
The enlarged Chardan facility creates a substantial dilution overhang. The latest filing registers up to 160 million shares for resale, which would lift shares outstanding from about 237.9 million to 397.9 million if fully issued; the $2.5 billion headline capacity is not guaranteed funding. (StockTitan, Bitbase News)
Competition could weaken the fee-and-buyback loop that supports HYPE. CoinMarketCap’s research head said Binance’s RWA perpetuals launch had already pulled volume and liquidity away from Hyperliquid, which could reduce the revenue available for HYPE repurchases. (Cointelegraph)
Data summarised monthly by Lightyear AI. Last updated on 23 Sept 2026.
PURR Earnings Performance
Company profitability
Upcoming events
No upcoming events
PURR News
AllArticlesVideos
Funds containing PURR
AllGBPEUR
Fund name | Fund size | $PURR weighting |
|---|---|---|
Invesco CoinShares Global Blockchain£BCHS | £879M | 4.51% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.06% |
SPDR Russell 2000 US Small Cap£R2SC | £4.1B | 0.06% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.