Hyperliquid Strategies (PURR) Stock: Earnings Beat Meets a Bid for U.S. Futures Access

TLDR Wu Blockchain flagged that Hyperliquid Strategies (PURR), the largest HYPE treasury firm, is seeking U.S. FCM registration. Q3 net income hit $620.6 million, mostly from $803 million in unrealized HYPE gains. Revenue of $13.3 million beat estimates of $10.6 million to $12 million. Holdings reached about 38.9 million HYPE at an average cost of $56.35. HYPE traded near $77, down more than 7% in 24 hours. Wu Blockchain flagged the story on X, calling Hyperliquid Strategies (PURR) the largest publicly traded HYPE treasury company. The firm has applied to become a U.S. futures commission merchant, or FCM. Largest HYPE Treasury Firm Hyperliquid Strategies Seeks US Futures Commission Merchant Registration, Reports $620.6M Quarterly Profit Hyperliquid Strategies (NASDAQ: PURR), the largest publicly traded HYPE treasury company, announced that a subsidiary has…

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