PURR Stock Jumps 11% After Hyperliquid Treasury Firm Reports Annual Results

Hyperliquid Strategies (ticker PURR) saw its shares climb 10.99% to $12.83 on Thursday, with after‑hours trading adding another 3.43% to $13.27. The Nasdaq‑listed firm disclosed a net income of $305.5 million for the fiscal year ended June 30.

Key financial highlights

• Net income: $305.5 million
• Total assets: $2.06 billion, including $1.9 billion in HYPE tokens valued at $65.04 each
• Cash on hand: $149.9 million (later reported as $132.6 million as of August 19)
• No debt on the balance sheet
• Equity facility raised: $646.6 million at $8.70 per share
• HYPE purchases: $773.4 million for roughly 16.5 million tokens at $46.77 each
• Share repurchases: $27.8 million for about 5.8 million PURR shares at $4.80 each

Revenue composition

• Unrealized gains on HYPE tokens: $709.9 million
• One‑time token loss: $169.2 million
• Deferred tax expense: $183.5 million
• Staking revenue and validator commissions: $9.5 million
• Interest income: $2.7 million

Operational context

CEO David Schamis described the year as a “build phase,” noting that the HYPE treasury more than doubled, a new validator was launched, and legacy biotech operations were exited. HYPE token price appreciated about 77% during the quarter, while the broader digital‑asset market fell roughly 13%.

Sector comparison

Other treasury‑focused firms reported mixed results. Hyperion DeFi posted a record quarterly net income of $31 million, whereas firms tied to other tokens, such as Strategy and Bit Digital, recorded significant losses linked to token writedowns.