HYPE

Hyperliquid Strategies Posts $620.6M Profit, Seeks FCM License

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Hyperliquid Strategies Posts $620.6M Profit, Seeks FCM License

NEW YORK – – November 05, 2026 -- Hyperliquid Strategies Inc (NASDAQ: PURR) reported net income of $620.6 million for the quarter ended September 30, 2026, driven almost entirely by $803.0 million in net unrealized gains on its HYPE token holdings. The digital asset treasury company also disclosed that a subsidiary has applied to become a futures commission merchant (FCM).

HYPE treasury grows to 38.5 million tokens on $802 million deployment

The company raised $911 million in equity under its committed equity facility during the quarter and deployed $802 million. Of that, $785 million bought 9.1 million HYPE tokens, lifting holdings from 29.3 million at June 30 to 38.5 million at September 30. Another $17 million repurchased 2.7 million PURR shares.