Data: PURR holds about 16% of HYPE circulating supply, added 9.1 million tokens in Q3

November 6 — According to the 8-K filing submitted by Nasdaq-listed HYPE treasury company Hyperliquid Strategies (PURR), the company raised $911 million in the third quarter through committed equity financing facilities and spent about $785 million to purchase approximately 9.1 million HYPE, with its HYPE holdings rising from 29.3 million as of June 30 to 38.5 million as of September 30; in addition, the company repurchased approximately 2.7 million PURR shares for $17 million. Based on the company's disclosed circulating supply of approximately 238 million HYPE (as of October 29), its holdings account for about 16% of HYPE's circulating supply. As of the end of the quarter, the company held $254.6 million in cash and cash-like instruments, with no debt.