Hyperliquid Strategies purchased approximately $40.6 million worth of HYPE tokens in the last 7 days

Hyperliquid Strategies, a digital asset treasury company focused on the HYPE ecosystem, with a US stock trading code of PURR, has accumulated 600,000 native tokens HYPE in the past 7 days, with a total value of approximately 40.6 million USD based on the current market price.

This increase in holdings utilized a cash position of 36 million USD, and the institution currently still holds a cash reserve of 149.4 million USD. The institution's current adjusted net asset value per share (mNAV) has approached or even fallen below 1, so no new shares have been issued, and this increase in holdings was completed entirely using its own cash.