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BitRSS 08 May 2026Hyperliquid Strategies takes $165M hit but keeps buying HYPE
Cryptopolitan 08 May 2026
Hyperliquid Strategies has confirmed it is continuing to accumulate HYPE tokens, despite reporting a $165 million loss tied to the position ... On May 7, the company submitted its quarterly filing to the U.S ... A large portion stems from market volatility. Hyperliquid Strategies purchased HYPE tokens at higher prices, and when the market value fell below its acquisition cost, the company was required to record unrealized, or “paper,” losses.

