$PURR (HYPERLIQUID STRATEGIES) — 8-K: FY2026: PURR posts $12M revenue, swings to $306M net income on HYPE gains.

Revenue came in at $12M for FY2026. Net income was $306M, driven primarily by $709.9M in net unrealized gains on HYPE tokens, partially offset by a $169.2M one-time loss on contributed tokens, $35.6M in IPR&D write-offs, and $183.5M in deferred tax expense.

Revenue came in at $12M for FY2026. Net income was $306M, driven primarily by $709.9M in net unrealized gains on HYPE tokens, partially offset by a $169.2M one-time loss on contributed tokens, $35.6M in IPR&D write-offs, and $183.5M in deferred tax expense.