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Hyperliquid Strategies Inc. (PURR)

Financial Services | Capital Markets | New York, United States | NasdaqCM
5.88 USD -0.29 (-4.700%) ⇩ (April 21, 2026, 12:07 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:56 p.m. EDT

High-risk value trap: While technicals show a recent rally breaking above key averages and options flow is coating substantial call protected strikes at $7-$8 for a move towards $10, the fundamental prognosis is catastrophic. The stock suffers from negative margins of -503% and a forecasting model predicting a 3.6% price decline in the next 45 days due to non-stationary (heteroscedastic) price action. This looks like a speculative 'beta play' on hype rather than a fundamental investment opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.305390
AutoETS0.306796
AutoTheta0.311769
AutoARIMA0.313115

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 55%
H-stat 2.61
Ljung-Box p 0.000
Jarque-Bera p 0.428
Excess Kurtosis -0.13
Attribute Value
Sector Financial Services
Market Cap 728,928,960
Forward P/E 2.41
Website https://www.hypestrat.xyz

As of April 18, 2026, 11:56 p.m. EDT: Call options show a significant ' glovebox' buildup (high OI and vol spikes) at OTM strikes of $7.00 and $8.00 for May/June/May 2026 expirations, with one specific notable flow event at the $10.00 strike in September. The model predicts an ATM put at the $6.00 strike for September trading at double fair value (1.51 vs IV-implied ~0.75), suggesting potential short covering demand. However, the sentiment skew is overwhelmingly bullish/neutral with very low option support (OI) below the current price, indicating downside insurance is minimal compared to upside speculation.


Info Dump

Attribute Value
52 Week Change 0.5820513
Address1 477 Madison Avenue
Address2 22nd Floor
All Time High 6.88
All Time Low 3.01
Ask 7.59
Ask Size 2
Average Daily Volume10 Day 5,625,300
Average Daily Volume3 Month 4,982,536
Average Volume 4,982,536
Average Volume10Days 5,625,300
Bid 4.5
Bid Size 2
Book Value 4.753
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 5.88
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 6.32
Day Low 5.86
Display Name Hyperliquid Strategies
Earnings Call Timestamp End 1,770,843,600
Earnings Call Timestamp Start 1,770,843,600
Earnings Timestamp 1,770,816,600
Earnings Timestamp End 1,778,070,600
Earnings Timestamp Start 1,778,070,600
Ebitda Margins 0.0
Enterprise Value 482,955,520
Eps Forward 2.44
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.1156
Fifty Day Average Change 0.7644
Fifty Day Average Change Percent 0.14942528
Fifty Two Week Change Percent 58.205128
Fifty Two Week High 6.88
Fifty Two Week High Change -1.0
Fifty Two Week High Change Percent -0.14534883
Fifty Two Week Low 3.01
Fifty Two Week Low Change 2.8700001
Fifty Two Week Low Change Percent 0.9534884
Fifty Two Week Range 3.01 - 6.88
Financial Currency USD
First Trade Date Milliseconds 1,764,772,200,000
Forward Eps 2.44
Forward P E 2.409836
Full Exchange Name NasdaqCM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.04484
Held Percent Institutions 0.25157
Implied Shares Outstanding 123,967,508
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
Long Business Summary Hyperliquid Strategies Inc. operates as a digital asset treasury company focused on the blockchain and cryptocurrency sector. The company provides investors exposure to the HYPE token through treasury management strategies, such as token accumulation, staking, and yield optimization within the Hyperliquid ecosystem. The company was incorporated in 2025 and is based in New York, New York.
Long Name Hyperliquid Strategies Inc.
Market us_market
Market Cap 728,928,960
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1953404907
Most Recent Quarter 1,767,139,200
Non Diluted Market Cap 763,639,849
Number Of Analyst Opinions 2
Open 6.17
Operating Margins -503.882
Phone 212-883-4330
Previous Close 6.17
Price Hint 2
Price To Book 1.2371135
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.28999996
Regular Market Change Percent -4.7001615
Regular Market Day High 6.32
Regular Market Day Low 5.86
Regular Market Day Range 5.86 - 6.32
Regular Market Open 6.17
Regular Market Previous Close 6.17
Regular Market Price 5.88
Regular Market Time 1,776,787,638
Regular Market Volume 1,988,055
Sand P52 Week Change 0.34445214
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 123,967,508
Shares Percent Shares Out 0.0744
Shares Short 2,725,092
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 1,270,808
Short Name Hyperliquid Strategies Inc
Short Ratio 1.46
Source Interval 15
State NY
Symbol PURR
Target High Price 8.45
Target Low Price 6.0
Target Mean Price 7.225
Target Median Price 7.225
Total Cash 281,926,016
Total Cash Per Share 2.274
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.474362
Two Hundred Day Average Change 1.4056382
Two Hundred Day Average Change Percent 0.3141539
Type Disp Equity
Volume 1,988,055
Website https://www.hypestrat.xyz
Zip 10,022