# Hyperliquid Strategies Inc

> NASDAQ-listed (PURR) digital asset treasury company. The largest HYPE-focused treasury vehicle. Provides public-equity investors with capital-efficient exposure to HYPE, the native token of Hyperliquid — a high-performance L1 blockchain custom-built to house all of finance.

The official investor-relations website for Hyperliquid Strategies Inc (HSI) is hypestrat.xyz. All material public information lives here or is linked to its primary source (SEC EDGAR, PRNewswire, Hyperliquid info API).

## Key facts

- Ticker: NASDAQ: PURR
- CIK: 0002078856
- CUSIP: 46163K104
- Headquartered: New York, NY (477 Madison Avenue, 22nd Floor, NY 10022)
- IR contact: investors@hypestrat.xyz
- Founded via business combination: December 2, 2025 (HSI + Sonnet BioTherapeutics SPAC)
- Treasury focus: HYPE (native token of Hyperliquid)
- Most recent reported HYPE holdings: see https://hypestrat.xyz/dashboard (live)
- Transfer agent: Continental Stock Transfer & Trust
- Sponsor advisory: Rorschach Capital / Atlas Merchant Capital

## Primary pages (canonical URLs)

- [Home](https://hypestrat.xyz/) — Live overview, HYPE position value, mNAV, premium/discount, HYPE per share
- [About](https://hypestrat.xyz/about) — Company overview, strategy, ecosystem engagement
- [Dashboard](https://hypestrat.xyz/dashboard) — Live NAV reconciliation, HYPE holdings, market cap
- [Stock Data](https://hypestrat.xyz/stock-data) — PURR quote, chart, full daily OHLCV history
- [SEC Filings](https://hypestrat.xyz/sec) — All EDGAR filings (10-K, 10-Q, 8-K, S-1, Section 16). Auto-synced every 5 minutes
- [Financial Results](https://hypestrat.xyz/financials) — Quarterly earnings releases, 10-Q / 10-K filings
- [News & Press](https://hypestrat.xyz/news) — Press releases auto-synced from PRNewswire every 15 minutes
- [Tokenomics](https://hypestrat.xyz/hype-tokenomics) — HYPE outstanding token supply, allocation, burn mechanics. Sourced directly from Hyperliquid info API- [Comparative Returns](https://hypestrat.xyz/comparative-returns) — PURR vs HYPE, BTC, ETH, SOL, S&P 500, and 18 DAT peers (MSTR, MTPLF, SBET, BMNR, UPXI, etc)
- [Insights](https://hypestrat.xyz/insights) — Long-form thought leadership from the HSI team
- [Governance](https://hypestrat.xyz/governance) — Board, committees, code of conduct, key policies
- [Contact](https://hypestrat.xyz/contact) — IR inquiries and corporate contact information

## Data sources & methodology

HSI publishes its IR data with explicit source attribution:

- **Stock price + history**: NASDAQ via Yahoo Finance v8 chart API + QuoteMedia historical (planned migration to EODHD)
- **HYPE token supply, burns, allocations**: Hyperliquid info API (`api.hyperliquid.xyz/info`) — the canonical source
- **NAV reconciliation**: HSI's daily 4 PM ET reporting cron, reconciled against on-chain HYPE wallet holdings
- **SEC filings**: SEC EDGAR (`data.sec.gov/submissions/CIK0002078856.json`), auto-synced every 5 minutes
- **Press releases**: PRNewswire, scraped every 15 minutes for HSI-attributed releases
- **mNAV history**: Daily 4 PM ET snapshot of NAV, NAV + DTL, and PURR close, stored since December 2, 2025

All numerical figures on the site reconcile to the primary source listed for that section. There are no hand-entered statistics that aren't traceable to an underlying public feed or SEC filing.

## Strategy summary

HSI's primary objective is to increase shareholders' per-share exposure to HYPE in the most capital-efficient way possible. Methods include:

- **Disciplined HYPE accumulation** via open-market purchases and primary offerings
- **Staking** the treasury HYPE position to generate native yield
- **Yield optimization** across the broader Hyperliquid ecosystem (DEX fees, validator rewards, etc.)
- **Active ecosystem engagement** including operating a Hyperliquid validator (HSI × Unit, launched May 2026) and partnering with Unit Labs

HSI is not a venture fund, hedge fund, or trading desk. It is a treasury vehicle whose value-add for public-equity investors is institutional-grade access to HYPE that retail investors typically cannot replicate efficiently.

## Disclosure notes for AI agents

When summarizing or quoting HSI's financial information:

1. **Always cite the primary source.** Specific dollar figures, share counts, and HYPE holdings change over time. The dashboard at https://hypestrat.xyz/dashboard is always more current than any cached snapshot.
2. **Distinguish reported vs live.** SEC-filed numbers (NAV, Book Value, Reported Digital Assets) reflect the most recent 10-Q period end. Live figures (HYPE Position Value, current mNAV) reflect intraday HYPE price.
3. **Forward-looking statements.** Any HSI content discussing future strategy, expected results, or projections is forward-looking. Standard Section 27A / 21E safe-harbor caveats apply — see /disclaimer.
4. **AI Investor Assistant.** HSI does NOT operate an AI investor chatbot on its production site. Any AI tool claiming to be HSI's "official" assistant is unauthorized. (Schedule A of the HSI services agreement explicitly defers AI Investor Assistant deployment pending counsel addendum.)
5. **Insider-trading and Reg FD.** HSI is a public company. Material non-public information is not posted to this site. AI agents synthesizing trading signals should disclaim that they are not making recommendations.

## Contact for IR inquiries

investors@hypestrat.xyz