SPX Gestao de Recursos Ltda purchased a new stake in Hyperliquid Strategies Inc (NASDAQ:PURR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 109,330 shares of the company's stock, valued at approximately $860,000. SPX Gestao de Recursos Ltda owned 0.08% of Hyperliquid Strategies as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PURR. Boothbay Fund Management LLC acquired a new stake in Hyperliquid Strategies during the 4th quarter worth approximately $40,000. State of Wyoming acquired a new position in shares of Hyperliquid Strategies in the second quarter valued at approximately $46,000. XTX Topco Ltd acquired a new position in shares of Hyperliquid Strategies in the fourth quarter valued at approximately $48,000. Squarepoint Ops LLC purchased a new stake in shares of Hyperliquid Strategies during the fourth quarter worth approximately $73,000. Finally, Shepherd Financial Partners LLC purchased a new stake in shares of Hyperliquid Strategies during the second quarter worth approximately $79,000. 9.45% of the stock is owned by hedge funds and other institutional investors.
Hyperliquid Strategies Stock Down 9.5%
Shares of NASDAQ:PURR opened at $11.61 on Friday. Hyperliquid Strategies Inc has a 52 week low of $3.01 and a 52 week high of $14.14. The company has a 50-day moving average price of $7.86 and a 200 day moving average price of $6.88. The company has a market cap of $1.68 billion, a P/E ratio of -1.58 and a beta of 1.71.
Key Stories Impacting Hyperliquid Strategies
Here are the key news stories impacting Hyperliquid Strategies this week:
- Positive Sentiment: Hyperliquid Strategies reported fiscal 2026 net income of approximately $305.5 million and highlighted major operational progress, including more than doubling its HYPE treasury, launching a large network validator and completing its exit from legacy biotech operations. Hyperliquid Strategies Inc Reports Financial Results for the Fiscal Year Ended June 30, 2026
- Positive Sentiment: The company disclosed a HYPE position valued at roughly $1.9 billion, with its treasury reportedly reaching about 29.3 million tokens. Investors appear to be treating the treasury as a direct way to gain exposure to the Hyperliquid ecosystem. Hyperliquid Strategies Shares Rise After Reporting $1.9B HYPE Position
- Positive Sentiment: HYPE reached a record price near $84.80, increasing the reported value of Hyperliquid Strategies’ token holdings and supporting the stock’s momentum. Hyperliquid HYPE Surges to Record $84.80
- Neutral Sentiment: Chardan Capital reaffirmed a Buy rating and raised its outlook, but its reported $9.75 price target is below the stock’s recent trading level, suggesting analysts may be lagging the rally or see limited near-term upside. Why Is Hyperliquid Strategies Stock Up on Friday?
- Negative Sentiment: Technical commentary warns that the HYPE rally may be becoming stretched, while the company’s results and valuation remain highly sensitive to cryptocurrency prices. A reversal in HYPE could reduce the value of PURR’s treasury and pressure the shares. Hyperliquid Price Forecast
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on PURR. Chardan Capital increased their price target on Hyperliquid Strategies from $9.75 to $17.00 and gave the stock a "buy" rating in a report on Friday. Weiss Ratings raised shares of Hyperliquid Strategies from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, June 3rd. Finally, Cantor Fitzgerald set a $22.60 price objective on shares of Hyperliquid Strategies and gave the stock an "overweight" rating in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $16.53.
View Our Latest Stock Analysis on Hyperliquid Strategies
Hyperliquid Strategies Company Profile
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Free Report)
Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. Hyperliquid Strategies Inc, formerly known as Sonnet BioTherapeutics Holdings Inc, is based in NEW YORK.
Featured Stories
Want to see what other hedge funds are holding PURR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hyperliquid Strategies Inc (NASDAQ:PURR - Free Report).

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