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PUR

Hyperliquid Strategies Inc.

PURR

Hyperliquid Strategies is a digital asset treasury company focused on the accumulation and management of HYPE, the native token of the Hyperliquid Layer 1 blockchain.

Market cap
$2.32B+307%
Revenue$9.5M
Net income$305.5M
EPS (diluted)-$13,184.10
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q4 2026

Income statement

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Revenue$6.3M
Operating income$607.8M+101,901%
Net income$470.9M+78,977%
EPS (diluted)$6.24

Balance sheet

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Cash & equivalents$137.9M
Total equity$1.9B+313,814%
Total assets$2.1B

Cash flow

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Operating cash flow-$3.8M

Valuation & ratios

Valuation

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Market cap$2.32B+307%
P/E7.6×
P/S245.1×

Profitability

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Operating margin5,433.6%
Net margin3,229.8%

Returns & leverage

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Current ratio41.6×

Competitors

Profile

Hyperliquid Strategies is a digital asset treasury company focused on the accumulation and management of HYPE, the native token of the Hyperliquid Layer 1 blockchain. The company operates as a publicly listed vehicle for investors to gain exposure to the Hyperliquid ecosystem through direct token ownership and income-generating activities. Its primary operations include staking HYPE tokens to secure the network and participating in the decentralized finance infrastructure of the Hyperliquid protocol.

Competitive position

The company holds the largest HYPE token position of any U.S. public company and operates one of the active validators on the Hyperliquid Layer 1 blockchain.

GeographiesUnited States
Customer segmentsRetail Investors, Institutional Investors, Blockchain Protocols
Business modelAsset Treasury, Staking-as-a-Service, Holding Company
SuppliersHyperliquid Layer 1 Blockchain, Digital Asset Custodians, Validator Infrastructure Providers
CustomersPublic Stockholders, DeFi Protocol Users, HYPE Token Delegators
Listed2025
CEODavid Ira Schamis
FilingsSEC EDGAR

FAQ

What is Hyperliquid Strategies Inc.'s market cap?
Hyperliquid Strategies Inc. (PURR) has a market capitalization of $2.3B and trades on NASDAQ.
What is Hyperliquid Strategies Inc.'s revenue and profitability?
Hyperliquid Strategies Inc. generated $9.5M in trailing twelve-month revenue with net income of $305.5M, representing a net margin of 3229.8%. These figures are based on the Q2 2026 filing.
Who are Hyperliquid Strategies Inc.'s competitors?
Hyperliquid Strategies Inc.'s key competitors include MicroStrategy Inc., Marathon Digital Holdings, Hyperion DeFi, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Hyperliquid Strategies Inc. partner with?
Hyperliquid Strategies Inc.'s notable partners include Anchorage Digital, Nexus Research Labs, Inc., Figment, and others.
What subsidiaries does Hyperliquid Strategies Inc. have?
Hyperliquid Strategies Inc.'s subsidiaries include Rorschach I LLC, Sonnet BioTherapeutics Holdings, Inc..
Where is Hyperliquid Strategies Inc. headquartered?
Hyperliquid Strategies Inc. is headquartered in United States of America. It has been publicly traded since 2025.