Hyperliquid Strategies Inc
A digital asset treasury company that holds and manages HYPE, the native token of the Hyperliquid blockchain, staking the tokens to earn returns for its shareholders. It was born in late 2025 when the biotech firm Sonnet BioTherapeutics merged with a special-purpose acquisition company and pivoted to crypto. Its stock trades on Nasdaq under the ticker PURR, a cat-themed nod to a meme coin that was airdropped to early Hyperliquid users.
Estimated from filings — the split-adjusted price range over the quarters each manager built the position. A range, not a fill price; 13F reports a quarter-end snapshot, not a trade date.