Hyperliquid Strategies Joins Russell and S&P Global Indices

The company’s common stock, trading under the ticker PURR on the NASDAQ, qualified for these benchmarks following a surge in its market capitalization and liquidity profile. This shift in status tracks the firm's transition to a HYPE treasury platform in December 2025. Membership in these indices is governed by strict, rules-based criteria set by index providers, prioritizing float and market value.

CEO David Schamis noted that the inclusion reflects the company's growth and an expanding shareholder base. Hyperliquid Strategies operates as a treasury vehicle designed to accumulate HYPE tokens, aiming to provide institutional investors with exposure to the high-performance blockchain through yield optimization and staking strategies. The firm remains the largest treasury entity currently capitalized on the Hyperliquid ecosystem.