Hyperliquid Strategies Inc (NASDAQ: PURR) reported results for the fiscal year ended June 30, 2026, including $305.5 million in net income, $2,060.0 million in total assets and $1,872.9 million in stockholders’ equity. The company held approximately 29.28 million HYPE tokens valued at $1,904.1 million, alongside $149.9 million in cash and cash-like instruments, and had no debt. It raised $647 million in equity capital through a committed equity facility and increased its HYPE treasury from 12.5 million tokens to 29.3 million. Hyperliquid Strategies also launched a validator with Unit that became the network’s third-largest, excluding Hyper Foundation-related wallets. The company said Hyperliquid’s ecosystem generated about $945 million in value during the 12 months ended June 30, 2026, while HYPE rose about 77% in the quarter compared with an approximately 13% decline in total digital-asset market capitalization. Its fiscal-year income included $9.5 million in staking revenue and validator commissions, $2.7 million in interest income, $14.0 million in SG&A and R&D expenses, $709.9 million in unrealized HYPE gains, a $169.2 million one-time loss on contributed HYPE tokens, $35.6 million in IPR&D write-offs and $183.5 million in deferred tax expense. As of Aug. 19, the company had deployed $773.4 million to acquire about 16.5 million HYPE tokens at an average cost of $46.77 and spent $27.8 million repurchasing about 5.8 million PURR shares at an average cost of $4.80. It reported $132.6 million in remaining cash, including $12.0 million in USDC. The release also highlighted growth in Hyperliquid perpetual futures, stablecoins, onchain real-world assets and outcome markets, while cautioning that information on ecosystem momentum had not been independently verified by HSI and that no United States regulatory pathway for Hyperliquid is assured.