# Hyperliquid Strategies Repurchased 2.7 Million PURR Shares in Q3

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51392
Published: 2026-11-08T05:58:42.000Z
Updated: 2026-11-08T05:58:42.000Z
Section: Business

> The $17 million buyback accompanied $911 million in committed equity financing and a $785 million purchase of Hyperliquid (HYPE).

Hyperliquid Strategies repurchased about 2.7 million PURR shares for $17 million in the third quarter, adding a separate corporate transaction to a period when the Nasdaq-listed firm also expanded its Hyperliquid (HYPE) holdings.

The company disclosed the repurchase in a Form 8-K. It also raised $911 million through a committed equity financing facility and acquired about 9.1 million HYPE for roughly $785 million during the quarter.

Its holdings totaled 38.5 million HYPE on Sept. 30, up from 29.3 million on June 30. TokenPost previously covered [the company's HYPE purchase and holdings](<https://www.tokenpost.com/news/business/51348>).

Hyperliquid Strategies ended the quarter with $254.6 million in cash and cash-like instruments and no debt. Using the company's estimate of 238 million HYPE in circulation on Oct. 29, its Sept. 30 holdings represented about 16% of supply.



## Links in this article

- [the company's HYPE purchase and holdings](https://www.tokenpost.com/news/business/51348)
