Hyperliquid Strategies Inc. (PURR)Financial Services | Capital Markets | New York, United States | NasdaqCM
11.61 USD
-1.22
(-9.509%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 11.86 +0.25 (2.153%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:45 a.m. EDT
The immediate outlook is driven by a speculative frenzy rather than traditional value. The stock has surged from roughly 6.50 to over 10.50 in a matter of days, fueled by a 'Gamma Squeeze' narrative and index inclusion buzz. Options data confirms this: traders are buying calls at strikes significantly higher than the current price while selling deep out-of-the-money puts to hedge, betting on a continuation of this parabolic move. However, the fundamental reality is starkly different; the company reports negative earnings, a forward P/E of -46, and zero dividend history. The recent price spike is a classic momentum play detached from intrinsic value. While the short-term catalyst appears potent enough to drive another leg up, the lack of earnings support and the extreme valuation gap suggest this is a high-risk speculation suitable only for traders willing to chase momentum, not investors seeking sustainable growth. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.155177 |
| AutoARIMA | 0.158851 |
| AutoETS | 0.160123 |
| AutoTheta | 0.194292 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 12.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.005 |
| Excess Kurtosis | 0.52 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Revenue per Share | 0.119 |
| Market Cap | 2,328,544,512 |
| Trailing P/E | 3.62 |
| Forward P/E | 11.77 |
| Profit Margins | 3229.83% |
| Website | https://www.hypestrat.xyz |
As of Aug. 22, 2026, 3:45 a.m. EDT: Speculators are aggressively positioning for a sharp upward move via heavy call volume at strikes above the current price, particularly the 11.0 strike which shows significant new inflow relative to open interest. This 'gamma squeeze' narrative is reinforced by massive put writing at lower strikes (6.0, 7.0) to cap downside risk, creating a distinct bullish skew. Implied volatility remains elevated on near-term expirations, indicating high expectations for a binary event or continued momentum.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.2897437 |
| Address1 | 477 Madison Avenue |
| Address2 | 22nd Floor |
| All Time High | 14.14 |
| All Time Low | 3.01 |
| Ask | 11.82 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 28,917,600 |
| Average Daily Volume3 Month | 15,723,736 |
| Average Volume | 15,723,736 |
| Average Volume10Days | 28,917,600 |
| Bid | 11.79 |
| Bid Size | 3 |
| Book Value | 5.985 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 11.61 |
| Current Ratio | 41.618 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 13.86 |
| Day Low | 11.57 |
| Display Name | Hyperliquid Strategies |
| Earnings Call Timestamp End | 1,778,184,000 |
| Earnings Call Timestamp Start | 1,778,184,000 |
| Earnings Timestamp | 1,787,833,800 |
| Earnings Timestamp End | 1,794,832,200 |
| Earnings Timestamp Start | 1,794,832,200 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 253.736 |
| Enterprise Value | 2,400,341,248 |
| Eps Current Year | -0.22667 |
| Eps Forward | 0.98667 |
| Eps Trailing Twelve Months | 3.21 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.8446 |
| Fifty Day Average Change | 3.7653995 |
| Fifty Day Average Change Percent | 0.4799989 |
| Fifty Two Week Change Percent | 228.97437 |
| Fifty Two Week High | 14.14 |
| Fifty Two Week High Change | -2.5300007 |
| Fifty Two Week High Change Percent | -0.17892508 |
| Fifty Two Week Low | 3.01 |
| Fifty Two Week Low Change | 8.599999 |
| Fifty Two Week Low Change Percent | 2.8571427 |
| Fifty Two Week Range | 3.01 - 14.14 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,764,772,200,000 |
| Float Shares | 197,422,138 |
| Forward Eps | 0.98667 |
| Forward P E | 11.766851 |
| Full Exchange Name | NasdaqCM |
| Fullday Change | -1.22 |
| Fullday Change Percent | -9.50897 |
| Fullday Price | 11.86 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 9,460,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.040510003 |
| Held Percent Institutions | 0.62479997 |
| Implied Shares Outstanding | 200,563,691 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Ipo Expected Date | 2,025-12-03 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,782,777,600 |
| Long Business Summary | Hyperliquid Strategies Inc. operates as a digital asset treasury company in the United States. It focuses on building, managing, and optimizing HYPE tokens, which are the native digital assets of the Hyperliquid Layer-1 blockchain. The company is headquartered in New York, New York. |
| Long Name | Hyperliquid Strategies Inc. |
| Market | us_market |
| Market Cap | 2,328,544,512 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1953404907 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 256,184,000 |
| Next Fiscal Year End | 1,814,313,600 |
| Non Diluted Market Cap | 2,570,223,700 |
| Number Of Analyst Opinions | 3 |
| Open | 12.665 |
| Operating Cashflow | -19,147,000 |
| Operating Margins | 95.9509 |
| Payout Ratio | 0.0 |
| Phone | 212 883 4241 |
| Post Market Change | 0.25 |
| Post Market Change Percent | 2.1533163 |
| Post Market Price | 11.86 |
| Post Market Time | 1,787,961,596 |
| Previous Close | 12.83 |
| Price Eps Current Year | -51.219833 |
| Price Hint | 2 |
| Price To Book | 1.9398495 |
| Price To Sales Trailing12 Months | 246.14635 |
| Profit Margins | 32.29831 |
| Quick Ratio | 37.772 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.22 |
| Regular Market Change Percent | -9.50897 |
| Regular Market Day High | 13.86 |
| Regular Market Day Low | 11.57 |
| Regular Market Day Range | 11.57 - 13.86 |
| Regular Market Open | 12.665 |
| Regular Market Previous Close | 12.83 |
| Regular Market Price | 11.61 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 37,743,064 |
| Return On Equity | 0.32639 |
| Revenue Per Share | 0.119 |
| Sand P52 Week Change | 0.1966995 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 200,563,691 |
| Shares Percent Shares Out | 0.119399995 |
| Shares Short | 24,749,736 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 22,364,102 |
| Short Name | Hyperliquid Strategies Inc |
| Short Ratio | 3.11 |
| Source Interval | 15 |
| State | NY |
| Symbol | PURR |
| Target High Price | 18.4 |
| Target Low Price | 9.75 |
| Target Mean Price | 13.05 |
| Target Median Price | 11.0 |
| Total Cash | 137,916,992 |
| Total Cash Per Share | 0.697 |
| Total Debt | 0 |
| Total Revenue | 9,460,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 3.21 |
| Trailing P E | 3.6168222 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.081196 |
| Two Hundred Day Average Change | 5.528804 |
| Two Hundred Day Average Change Percent | 0.9091639 |
| Type Disp | Equity |
| Volume | 37,743,064 |
| Website | https://www.hypestrat.xyz |
| Zip | 10,022 |