Druckenmiller Takes Stake in Hyperliquid Strategies
Investment guru Stanley Druckenmiller has taken a significant stake in Hyperliquid Strategies Inc. (NASDAQ: PURR), acquiring approximately 2.94 million shares worth $23.15 million as of June 30, 2026.
The purchase is part of Duquesne Family Office's overall crypto allocation, which totals around $87.8 million across two positions. The larger stake is in Bitdeer Technologies (NASDAQ: BTDR), a Bitcoin mining firm, worth $64.7 million.
Hyperliquid Strategies operates as a digital asset treasury vehicle designed to accumulate and stake HYPE tokens, the native asset of the Hyperliquid protocol. As of late April 2026, the company held 20 million HYPE tokens alongside $103 million in cash reserves.
The investment provides Duquesne's office with exposure to the Hyperliquid ecosystem while staying within the public equity markets' familiar guardrails.