Hyperliquid Strategies Inc. (NASDAQ: PURR), a publicly traded HYPE-focused digital asset treasury company, saw its stock rise more than 6% in one session and nearly 45% over the week, bringing it close to $10. The move followed HYPE, the native token of the Hyperliquid blockchain, trading above $73 after daily gains exceeding 18% and multi-day gains of more than 25%. The company holds roughly 18.8 million HYPE tokens, worth well over $1 billion at prices above $73, alongside cash reserves, zero debt and no preferred obligations. Incorporated in 2025 and headquartered in New York, Hyperliquid Strategies also seeks to generate returns through staking and yield optimization on the network. The company has authorized up to $30 million in stock buybacks, disclosed a position held by the Duquesne Family Office associated with Stanley Druckenmiller, and secured inclusion in the Russell 3000 and Russell 2000 indices. Hyperliquid is a high-performance Layer 1 blockchain focused on decentralized trading infrastructure, particularly perpetual futures.