{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-212109","form_type":"8-K","ticker":"PURR","cik":"0002078856","company_name":"Hyperliquid Strategies Inc","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.478018+00:00","generated_at":"2026-05-14T22:07:32.298530+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"confidence":"high","headline":"Hyperliquid Strategies Q3 net profit of $152.5M on HYPE gains; treasury grows to 20M tokens","bullets":["Q3 net profit of $152.5M, driven by $198.4M unrealized gains on HYPE tokens, partially offset by $42.7M deferred tax expense.","Nine-month net loss of $165.4M, including $64M unrealized losses on HYPE and $35.6M IPR&D write-off from legacy bio-tech.","Total assets of $809.4M as of March 31, 2026; stockholders' equity of $743.5M with no debt.","Treasury holds 20.0M HYPE tokens (as of April 29, 2026) and $103M in cash; $216M deployed to accumulate HYPE since inception.","Repurchased ~3.0M PURR shares at avg cost $3.42; issued $38.4M in shares under equity facility at avg $6.31."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-212109","json":"https://secwatch.observer/filing/0001193125-26-212109.json","markdown":"https://secwatch.observer/filing/0001193125-26-212109.md","text":"https://secwatch.observer/filing/0001193125-26-212109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2078856/000119312526212109/0001193125-26-212109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2078856/000119312526212109/purr-20260507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T22:07:32.298530+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}