Hyperliquid Strategies Inc. (PURR) holds nearly $1 billion in unrealized profits from its HYPE token investment. The company initially invested approximately $220 million into the asset. Analysts report that this performance demonstrates superior capital efficiency compared to MicroStrategy’s Bitcoin strategy.
The HYPE token has increased by over 150% year-to-date. The asset recently reached a new all-time high above $62.
PURR stock has more than doubled since the beginning of the year. It currently serves as the only publicly traded U.S. stock providing proxy exposure to HYPE. This growth has attracted significant interest from institutional investors.