Svmuu News: Hyperliquid Strategies, a digital asset management firm focused on the HYPE ecosystem (trading under the ticker symbol PURR on the U.S. stock market), has purchased a cumulative total of 600,000 HYPE native tokens over the past 7 days, with a total value of approximately $40.6 million at current market prices. This purchase utilized $36 million in cash reserves, and the firm currently holds $149.4 million in cash reserves. As the firm’s adjusted net asset value per share (mNAV) is currently close to or even below 1, it has not issued new shares for the time being; this purchase was completed entirely using its own cash reserves.