HYPE treasury firm Hyperliquid Strategies boosts equity facility to $2.5B
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Hyperliquid Strategies bought approximately $40.6 million worth of HYPE tokens, adding 600,000 tokens in 7 days.
According to Odaily Odaily, Hyperliquid Strategies (ticker symbol PURR), a digital asset treasury company focused on the HYPE ecosystem, has purchased 600,000 HYPE tokens in the past seven days, with a total value of approximately $40.6 million based on the current market price. This purchase utilized $36 million of its cash reserves, bringing the company's current cash reserves to $149.4 million. The company's adjusted net asset value per share (mNAV) is currently close to or even below 1, therefore no new shares have been issued, and this purchase was entirely completed using its own cash.
Hyperliquid Strategies have been included in the Russell 3000 and Russell 2000 indices.
Odaily Odaily reports that Hyperliquid Strategies (US stock ticker: PURR) has been officially included in the Russell 3000 and Russell 2000 indices. Earlier this month, the company's stock was also included in the S&P Global BMI index.
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