US Stock HYPE Treasury Company Hyperliquid Strategies Approves $30 Million Stock Buyback Plan

NEW YORK, Dec. 8 (The Wall Street Journal) — Hyperliquid Strategies Inc. (Nasdaq: PURR) said Thursday its board has authorized a share repurchase program of up to $30 million for its outstanding common stock, effective for 12 months. Chief Executive David Shamis stated: “We’re committed to maximizing shareholder value through prudent capital management. Our top priority is enabling investors to efficiently gain exposure to HYPE — the flagship native token of the Hyperliquid ecosystem. We’ll use company cash to boost the HYPE per share held by shareholders in the most efficient manner.” Repurchases will comply with federal securities laws and may be made via open-market transactions at prevailing prices, privately negotiated deals or other methods. Timing, quantity and amount of repurchases will be at management’s discretion, depending on factors including HSI’s stock price, broader market and economic conditions, and applicable legal requirements. The company does not guarantee the final number of shares repurchased, and the program may be extended, suspended or terminated at any time without prior notice.