Hyperliquid Strategies raises $647M, grows HYPE treasury to 29.3M tokens

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Hyperliquid Strategies Inc., a NASDAQ-listed digital asset treasury company trading under the ticker PURR, wrapped its fiscal year ending June 30, 2026, having raised approximately $647 million through its committed equity facility at an average price of $8.70 per share. The company deployed $773.4 million to acquire an additional 16.5 million HYPE tokens at an average price of $46.77 per token, growing its treasury from 12.5 million to 29.3 million tokens, a 134% increase. As of June 30, the company reported total assets of $2.06 billion, $149.9 million in cash and cash equivalents, and zero debt. The Duquesne Family Office, the investment vehicle associated with macro investor Stanley Druckenmiller, also acquired a stake in the company.

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