Largest HYPE Treasury Firm Hyperliquid Strategies Seeks US Futures Commission Merchant Registration, Reports $620.6M Quarterly Profit Hyperliquid Strategies (NASDAQ: PURR), the…
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Largest HYPE Treasury Firm Hyperliquid Strategies Seeks US Futures Commission Merchant Registration, Reports $620.6M Quarterly Profit Hyperliquid Strategies (NASDAQ: PURR), the largest publicly trade…
Largest HYPE Treasury Firm Hyperliquid Strategies Seeks US Futures Commission Merchant Registration, Reports $620.6M Quarterly Profit Hyperliquid Strategies (NASDAQ: PURR), the largest publicly traded HYPE treasury company, announced that a subsidiary has applied for registration as a US futures commission merchant (FCM). If approved, the entity plans to serve US clients trading perpetual futures on permissioned markets under Hyperliquid's proposed HIP-3* framework. The company also reported $620.6 million in net income for the quarter ended September 30, primarily driven by $803 million in unrealized gains on its HYPE holdings. It raised $911 million in equity capital during the quarter, spending $785 million to acquire approximately 9.1 million HYPE tokens. As of October 28, its total holdings had reached approximately 38.9 million HYPE, with an average cost of $56.35 per token.
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