Hyperliquid Strategies Doubles HYPE Holdings to 29.3M Tokens

Hyperliquid Strategies, a Nasdaq-listed company focused on digital assets, has reported a significant expansion of its treasury and strong financial results for the fiscal year ended June 30, 2026. The firm raised $647 million in equity capital and used the proceeds to more than double its holdings of the HYPE token, the native asset of the Hyperliquid decentralized exchange platform. According to the company's fiscal year results, its HYPE holdings increased from an initial 12.5 million tokens to approximately 29.28 million by June 30. At the token's price of $65.04 at the end of the fiscal year, this position was valued at approximately $1.90 billion. The company also held $149.