Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES

Hyperliquid Strategy adds $785m of HYPE in third quarter

NewsFeeds update

Nasdaq-listed Hyperliquid Strategy (PURR) bought a further $785m of HYPE last quarter, lifting its holdings to 38.5 million HYPE, about 16% of circulating supply. It funded the buys with a $911m stock issuance and holds about $803m in unrealised profit.

AltcoinsCoinNessAIBullish

Read the original on CoinNess

The story so far: Hyperliquid Strategies HYPE treasury buys

Nasdaq-listed HYPE treasury company Hyperliquid Strategies has been steadily buying HYPE, bringing holdings to 38.83m HYPE. It reported a $621m quarterly net profit driven by $803m of unrealised HYPE gains, holding 38.9m HYPE at an average cost of $56.35 with $245m cash and no debt. It has now added $785m of HYPE…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Hyperliquid Strategy adds $785m of HYPE in third quarter

More Altcoins updates

Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.