Largest HYPE Treasury Company Applies for U.S. Futures Commission Merchant License, Quarterly Net Profit Reaches $621 million

BlockBeats news, November 6 - Hyperliquid Strategies (NASDAQ: PURR), the publicly listed treasury company with the largest HYPE holdings, announced its quarterly financial report for the period ending September 30, 2026, with net profit of $620.6 million for the quarter, primarily driven by $803 million in unrealized gains from HYPE holdings, along with $12.3 million in staking and validator commission income. During the quarter, the company raised $911 million through equity financing, of which $785 million was deployed to increase holdings by approximately 9.1 million HYPE tokens, and another $17 million was used to repurchase approximately 2.7 million PURR shares. As of the end of September, the company held approximately 38.52 million HYPE tokens valued at approximately $3.505 billion, with cash and cash-equivalent assets of $254.6 million. As of October 28, HYPE holdings further increased to approximately 38.9 million tokens, with a blended cost basis of $56.35 per token.

Additionally, the company's subsidiary has submitted an application for Futures Commission Merchant (FCM) registration. If approved, it plans to provide account services to U.S. clients for Hyperliquid HIP-3* permissioned markets to support perpetual futures trading within a regulated framework.