Hyperliquid Strategies buys 600000 HYPEs worth $40.6 million in 7 days

Hyperliquid Strategies has purchased a total of 600000 HYPEs in the past 7 days, with a total value of approximately $40.6 million. Hyperliquid Strategies has used a cash position of $36 million to increase its holdings, and currently holds $149.4 million in cash reserves. The current adjusted net asset value per share (mNAV) of Hyperliquid Strategies is close to or less than 1, and no new shares have been issued yet. This position increase is completed with its own cash.