Woofun AI reports that Hyperliquid Strategies, operating under the ticker PURR, acquired 600,000 native HYPE tokens valued at approximately $40.6 million over a seven-day period. The transaction consumed $36 million from existing cash reserves, leaving the entity with $149.4 million in remaining liquidity. Due to its adjusted net asset value per share being near or below 1, no new shares were issued, and the entire purchase was funded internally.