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Hyperliquid Strategies(NASDAQ) PURR

Market Cap$2.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2025)+190%
5 YearN/A
1 YearN/A
1 Month+72%
$12.43
+9.81%
+1.11Today
Hyperliquid Strategies last closing stock price
MetricPriceDate
Last closeUSD 11.322026-09-02
Hyperliquid Strategies stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.08%USD 11.562026-08-26
1 month+72.04%USD 6.582026-08-03
3 month+19.28%USD 9.492026-06-04
Year to date+217.98%USD 3.562025-12-31
Since inception+190.26%USD 3.902025-12-03

Hyperliquid Strategies Financials at a Glance

Market Cap

$2.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$9.46M

Net Income (TTM)

$317.73M

EPS (TTM)

$0.65

P/E Ratio

17.43

Dividend

$0.00

Beta (Volatility)

3.56 (High)

Price

$12.43

Volume

8,446,250.751

Open

$11.65

Previous Close

$11.32

Daily Range

$11.54 - $12.13

52-Week Range

$3.01 - $14.14

Estimated Earnings Date

Nov 16, 2026

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About Hyperliquid Strategies

Hyperliquid Strategies Inc. helps people invest in digital assets. It acts as a savings account for the Hyperliquid blockchain. The company makes money by holding and growing crypto tokens.

Managing a Digital Vault

  • HYPE Token Treasury: Primary business of accumulating and holding native digital assets on behalf of stockholders.
  • Staking Services: Process of locking tokens to secure the network and earn daily rewards.
  • Validator Operations: Joint partnership to run a blockchain node and collect transaction commissions.
  • DeFi Engagement: Secondary activities within the digital ecosystem to generate additional growth and income.

How the Business Grew

  • Completed a merger with Sonnet BioTherapeutics on Dec. 2, 2025.
  • Launched the Hyperliquid Strategies x Unit validator node on May 13, 2026.
  • Sold the majority of pharmaceutical assets to Guidant on March 31, 2026.
  • Established an equity facility to raise up to $1.0 billion in October 2025.

What Makes It Fast?

The company relies on a custom execution engine that processes 200,000 orders every second. This technology allows the Hyperliquid network to handle billions in daily volume with nearly instant finality.

Tracking the Numbers

  • Revenue reached $9.5 million for the fiscal year ended June 30, 2026.
  • Net income was $305.5 million during the 2026 fiscal year.
  • Unrealized gains on digital tokens were $709.9 million in fiscal year 2026.
  • Cash and cash equivalents totaled $137.9 million as of June 30, 2026.
  • HYPE token holdings reached 29.4 million as of Aug. 23, 2026.

Bottom Line

Hyperliquid Strategies transitioned from a biotechnology firm into a dedicated digital asset treasury company. Its success now depends on the growth of the Hyperliquid ecosystem and its ability to accumulate digital tokens.

AI Generated • Aug 28, 2026

Industry

Biotechnology

Employees

5

CEO

David Ira Schamis

Headquarters

New York, NY 10022, US

PURR Financials

Key Financial Metrics (TTM)

Gross Margin

100.00%

Operating Margin

-60.10%

Net Income Margin

3358.64%

Return on Equity

39.65%

Return on Capital

N/A

Return on Assets

15.42%

Earnings Yield

5.74%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$2.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

197.84M

Volume

8.45M

Avg. Volume

15.79M

Financials (TTM)

Gross Profit

$9.46M

Operating Income

-$5.69M

EBITDA

-$5.69M

Operating Cash Flow

-$19.15M

Capital Expenditure

$0.00

Free Cash Flow

-$19.15M

Cash & ST Invst.

$137.92M

Total Debt

$0.00

Hyperliquid Strategies Performance Analysis

Hyperliquid Strategies annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20252025-06-30USD 0N/A
20262026-06-30USD 9,460,000N/A
Hyperliquid Strategies sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-09-30N/A
Q12025-12-31N/A
Q22026-03-31425.2%
Q32026-06-30141.2%
Hyperliquid Strategies annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20252025-06-30USD -0.00N/A
20262026-06-30USD 1.28N/A
Hyperliquid Strategies sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-09-30N/A
Q12025-12-31-25689.5%
Q22026-03-31141.2%
Q32026-06-30107.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$6.33M

N/A

Gross Profit

$6.33M

N/A

Gross Margin

100.00%

N/A

Market Cap

$2.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$248.84M

N/A

Employees

9

N/A

Net Income

$470.89M

N/A

EBITDA

$3.11M

N/A

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$137.92M

N/A

Total Debt

$0.00

N/A

Accounts Receivable

$405.00K

N/A

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$0.00

N/A

Return on Assets

15.42%

N/A

Return on Invested Capital

-0.28%

N/A

Free Cash Flow

-$3.84M

N/A

Operating Cash Flow

-$3.84M

N/A

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Questions About PURR

What is the current price of Hyperliquid Strategies?

Hyperliquid Strategies is trading at $11.96 per share.

What is the 52-week range for Hyperliquid Strategies?

Over the past 52 weeks, Hyperliquid Strategies has traded between $3.01 and $14.14.

How much debt does Hyperliquid Strategies have?

As of the most recent reporting period, Hyperliquid Strategies reported total debt of $0.00.

How much cash does Hyperliquid Strategies have on hand?

Hyperliquid Strategies reported $137.92M in cash and cash equivalents in its most recent financial results.

What is Hyperliquid Strategies’s dividend yield?

Hyperliquid Strategies does not currently have a dividend yield.

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