Hyperliquid Strategies Posts Record Net Income as HYPE Token Price Soars

Hyperliquid Strategies reported significant growth in its latest fiscal year, which ended on June 30, 2026. The company raised $647 million in equity capital during this period and used these funds to grow its holdings of HYPE tokens. As a result, the HYPE token treasury grew to 29.3 million tokens by August 19, up from an initial 12.5 million tokens held earlier in the year.

The company's net income for the fiscal year was $305.5 million, which includes $709.9 million in unrealized gains from HYPE tokens, as well as staking and validator commissions and interest income. Costs for the year totaled $14 million, with a $35.6 million write-off tied to Sonnet operations.

PURR shares rose almost 18% to $13.59 after the earnings report, pushing the company's market value close to $1.8 billion. The wider Hyperliquid ecosystem generated about $945 million in value over the twelve months through June, with Hyperliquid making up roughly 9.4% of global perpetual futures trading volume by the end of June.