Hyperliquid Strategies Posts Quarterly Net Profit of $621 Million, Revenue Exceeds Expectations
2026-11-06 05:58:33
According to CoinMeta, Hyperliquid Strategies released its quarterly financial report as of September 30, 2026, showing a quarterly net profit of $621 million, mainly from unrealized gains of $803 million from the Hype token. At the same time, $172 million was set aside for income tax. The company's quarterly revenue was $13.3 million, exceeding analysts' expectations of $10.6 million to $12 million. During the quarter, the company increased its holdings of Hype by 9.1 million for $785 million, holding 38.9 million Hype as of October 28, with an average cost of $56.35 per coin. The company had $245 million in cash and equivalents and no liabilities. (Source: The Block)
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