Hyperliquid shares rise after fiscal-year results; HYPE token treasury doubled

Hyperliquid Strategies Inc. (NASDAQ: PURR ) shares are trading higher after the company reported financial results for the fiscal-year ended June 30, 2026.

Hyperliquid Strategies stock is among today’s top performers.

What’s fueling PURR momentum? Hyperliquid Raises $647M, Doubles HYPE Treasury, Zero Debt Hyperliquid raised $647 million in equity capital through a committed equity facility and increased its HYPE token treasury from an initial 12.5 million to 29.3 million tokens.

The company said it built a “fortress balance sheet” with $149.9 million in cash and cash-like instruments and zero debt.

Hyperliquid Strategies also launched the Hyperliquid Strategies x Unit validator, now the third-largest validator on the Hyperliquid network.

Total assets stood at $2.06 billion as of June 30. “This was the year we built the platform,” said David Schamis, CEO of Hyperliquid Strategies. “We more than doubled our HYPE treasury, jointly launched a validator that has quickly become one of the largest on the network and completed the exit from our legacy biotech operations.

We finished with a fortress balance sheet — meaningful cash, no debt, and substantially all of our tokens staked and earning.” Read Also: Stock Market: Will S&P 500 Open Up or Down Today? Hyperliquid Shares Trade Higher PURR Price Action: At the time of publication, Hyperliquid shares are trading 5.54% higher at $12.20, according to data Pro.

This illustration was generated using artificial intelligence via Midjourney.