Hyperliquid Strategies Posts $621M Quarterly Net Profit

Cointime update: Nasdaq-listed HYPE treasury company Hyperliquid Strategies (PURR) reported $621 million in net profit for the quarter ended September 30, 2026, driven by $803 million in unrealized gains on the HYPE token against a $172 million income tax provision. Staking revenue and validator commissions reached $12.3 million, while $13.3 million in revenue beat analyst estimates of $10.6 million to $12 million. The company added 9.1 million HYPE for $785 million during the quarter and held 38.9 million tokens at an average cost of $56.35 as of October 28.