PURRPURRHyperliquid Strategies, Inc
$8.69
24h
-1.25%
Dan SmithDan Smith
21 May, 13:54

Digital Asset Treasury Stock Showing Momentum

Bullish+2.59%

AI Summary

The author observes strong momentum in Hyperliquid Strategies (PURR) with $1B in HYPE holdings and 5x volume increase, questioning if digital asset treasury companies are returning as a trend.

Hyperliquid Strategies (PURR) now holds $1b of HYPE tokens, and trading volume on the stock has more than 5x'd in recent days It's still quite small on a relative basis, at just 1.4% of total treasury company market cap and 1.1% of total NAV Are DATs back? https://x.com/smyyguy/status/2057460076101652526/photo/1

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