In the third quarter of 2026, Nasdaq-listed Hyperliquid Strategies (PURR) raised $911 million through equity financing and spent about $785 million directly to buy approximately 9.1 million HYPE at an average price of $86.26.
Here’s how its holdings changed:
At the end of June: 29.3 million HYPE
At the end of September: up to 38.5 million
As of October 29, based on a circulating supply of approximately 238 million HYPE, Hyperliquid Strategies alone had locked up about 16% of the market’s circulating tokens.
Here’s how its holdings changed:
At the end of June: 29.3 million HYPE
At the end of September: up to 38.5 million
As of October 29, based on a circulating supply of approximately 238 million HYPE, Hyperliquid Strategies alone had locked up about 16% of the market’s circulating tokens.