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Hyperliquid Strategies raises $647M, grows HYPE treasury to 29.3M tokens

Hyperliquid Strategies raised $647M, grew its HYPE token treasury to 29.3M tokens, and closed fiscal 2026 with $2.06B in assets and zero debt.

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Hyperliquid Strategies raised $647M, grew its HYPE token treasury to 29.3M tokens, and closed fiscal 2026 with $2.06B in assets and zero debt.

The company said it has since deployed $773.4 million to acquire about 16.5 million additional HYPE at an average cost of $46.77.