Hyperliquid Strategies Inc. reported a net profit of $620.6 million in the first quarter.
The majority of the net income consisted of $803 million in net unrealized gains on HYPE tokens. Additionally, the company recorded $15.3 million in expenses mostly non cash under a committed capital agreement. The company also set aside $172.3 million for income taxes.
#Hyperliquid $HYPE
The majority of the net income consisted of $803 million in net unrealized gains on HYPE tokens. Additionally, the company recorded $15.3 million in expenses mostly non cash under a committed capital agreement. The company also set aside $172.3 million for income taxes.
#Hyperliquid $HYPE