Hyperliquid Strategies (PURR) Stock: Earnings Beat Meets a Bid for U.S. Futures Access
Photo: CoinCentral
TLDR Wu Blockchain flagged that Hyperliquid Strategies (PURR), the largest HYPE treasury firm, is seeking U.S. FCM registration. Q3 net income hit $620.6 million, mostly from $803 million in unrealized HYPE gains. Revenue of $13.3 million beat estimates of $10.6 million to $12 million. Holdings reached about 38.9 million HYPE at an average cost of $56.35. HYPE traded near $77, down more than 7% in 24 hours. Wu Blockchain flagged the story on X, calling Hyperliquid Strategies (PURR) the largest publicly traded HYPE treasury company. The firm has applied to become a U.S. futures commission merchant, or FCM.
Source: CoinCentral
