DAT Company HypeStrat Accumulates 600,000 HYPE Tokens Worth Approximately $40.6 Million in 7 Days

According to on-chain data monitoring, Hyperliquid Strategies, a digital asset treasury company focused on the HYPE ecosystem (NASDAQ: PURR), has accumulated 600,000 native HYPE tokens over the past 7 days, with a total value of approximately $40.6 million based on current market prices. This accumulation utilized only $36 million in cash positions, and the institution still holds a cash reserve of $149.4 million. It is reported that the institution's adjusted net asset value per share (mNAV) is currently close to or even below 1, so no new shares have been issued; this accumulation was completed entirely with its own cash.