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Hyperliquid Strategies nine-month net loss of $165 million, HYPE total holdings approximately 20 million tokens
Deep Tide TechFlow News, May 8th, according to The Block, Nasdaq-listed HYPE token reserve company Hyperliquid Strategies Inc. (stock code: PURR) announced its third fiscal quarter report ending March 31, 2026, with a net loss of $165.4 million over the past nine months.
The loss mainly consists of three parts: an unrealized loss of $64 million on HYPE tokens, a one-time write-off of $35.6 million from acquiring the original Sonnet BioTherapeutics business, and an increase of $60.5 million in deferred tax expenses.
Since its establishment in December 2025, the company has invested a total of $216 million to purchase approximately 7.3 million HYPE tokens, with a current total holding of about 20 million tokens; additionally, it has invested another $10.5 million to repurchase about 3 million PURR shares, and retains $103 million in cash for subsequent deployment.
Quarterly staking income reached $2.6 million, interest income was $1 million, and operating expenses totaled $7.2 million.