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Exhibit 99.1

Hyperliquid Strategies Inc Reports Financial Results for the Fiscal Year Ended June 30, 2026

New York, New York, August 27, 2026 — Hyperliquid Strategies Inc (NASDAQ: PURR) (“HSI” or the “Company”), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today reported its financial and operational results for the fiscal year ended June 30, 2026.

"This was the year we built the platform," said David Schamis, CEO of Hyperliquid Strategies Inc. "We more than doubled our HYPE treasury, jointly launched a validator that has quickly become one of the largest on the network and completed the exit from our legacy biotech operations. We finished with a fortress balance sheet — meaningful cash, no debt, and substantially all of our tokens staked and earning. We are building against a protocol that is winning the parts of onchain finance that generate real fees. Perpetuals, stablecoins, real-world assets and soon outcome markets all clear through a single order book and margin engine, and most of the value that is created is returned to HYPE holders through programmatic buybacks. We look forward to continuing to support the ecosystem as Hyperliquid becomes the infrastructure to house all of finance.”

Key Highlights (as of or for the Fiscal Year Ended June 30, 2026):

• Raised $647 million in equity capital through committed equity facility.

• Increased treasury from initial 12.5 million to 29.3 million HYPE tokens.

• Created fortress balance sheet, with $149.9 million in cash and cash like instruments[1] and zero debt.

• Launched Hyperliquid Strategies x Unit validator, the third largest Hyperliquid validator.[2]

Hyperliquid Ecosystem Momentum[3]

Momentum continues to build around the adoption of the blockchain by the global finance system. Proven product-market fit and successful use cases involve the accelerating adoption of perpetual futures, stablecoins, onchain real world assets (“RWA”) and prediction markets.

Hyperliquid is at the forefront of all of these developments with a dominant market presence in the onchain trading of perpetual futures, a hallmark revenue share arrangement associated with stablecoin usage on its trading platform, a quickly expanding range of RWA perps that is starting to serve as a credible source of price discovery when traditional markets are closed, and an emerging presence in prediction markets.

Hyperliquid continues to generate an increasingly diversified stream of fees (with about $945 million in value accruing to the Hyperliquid ecosystem for the 12 months ended June 30, 2026[4]), processing billions in daily trading volumes, with much of the value generated by the Hyperliquid ecosystem directly accruing to the HYPE token through programmatic HYPE token buybacks.

As a result, the HYPE token appreciated about 77% during the quarter ended June 30, 2026, while the total digital asset market capitalization declined approximately 13%.

Recent key developments within the Hyperliquid ecosystem include:

• Record share of the global derivatives market.Hyperliquid's share of global perpetual futures volume, including centralized exchanges, reached an all-time high of approximately 9.4% as of June 30, 2026[5]and Hyperliquid accounted for about 63% of all decentralized perpetuals open interest as of August 23, 2026[6] — more than five times its nearest competitor.

• Real-world asset perps scaled from experiment to core market. In July 2026, RWA markets exceeded 50% of weekly platform volume for two consecutive weeks6, and HIP-3 open interest surpassed $4 billion for the first time during the month of August 2026[7].

• Institutional distribution built directly on Hyperliquid. In July 2026, VALR became the first major regulated centralized exchange to build on Hyperliquid, launching more than 200 perpetual markets using Hyperliquid for execution and liquidity.

• New product categories delivered. outcome markets went live in May 2026, expanding in the same quarter to multi-outcome and macroeconomic event contracts; portfolio margin entered beta, enhancing capital efficiency across perpetuals, spot and outcome markets.

• A new, non-trading revenue stream for the protocol. Following the May 2026 arrangement under which Coinbase became the official treasury deployer of USDC on Hyperliquid, the protocol's aligned quote asset framework directs approximately 90% of cost-adjusted reserve yield on USDC held on the platform back to the protocol.

Subsequent to the quarter end, Hyperliquid's total open interest reached a record of approximately $13 billion as of August 23, 20266; HYPE was included among the five largest constituents of the S&P Pantera Digital Asset Index at its launch on July 21, 2026; and permissionless deployment of outcome markets went live on testnet.

On August 19, 2026, in public remarks, the President of the United States stated that the Chairman of the Commodity Futures Trading Com

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Exhibit 99.1

Hyperliquid Strategies Inc Reports Financial Results for the Quarter Ended March 31, 2026

New York, New York, May 7, 2026 — Hyperliquid Strategies Inc (NASDAQ: PURR) (“HSI” or the “Company”), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today reported its financial and operational results for the fiscal quarter and nine months ended March 31, 2026.

“This quarter marked meaningful progress in establishing HSI as the leading public vehicle for capital efficient HYPE exposure, amid Hyperliquid's continued dominance in on-chain finance,” said David Schamis, CEO of Hyperliquid Strategies Inc. “We materially scaled our HYPE treasury, announced our validator partnership with Unit, and completed the disposition of the majority of our legacy bio-tech operations — milestones that, together with disciplined capital deployment and growing staking revenue, deepen HSI's alignment with Hyperliquid's deflationary mechanics and ecosystem expansion. We remain highly optimistic about Hyperliquid's trajectory as HIP-3 RWA perps, portfolio margin, and outcome markets drive the potential for sustained growth and fee generation.”

Key Highlights:

• Materially increased treasury to 20.0 million HYPE tokens (as of April 29, 2026), with $103 million in cash remaining (as of April 29, 2026).

• Announced validator in partnership with Unit, one of the leading Hyperliquid deployers.

• Completed disposition of majority of legacy bio-tech operations.

Treasury Strategy Progress (as of April 29, 2026):

• Capital Deployment Since Inception (on 2 December 2025):

o $216.0 million deployed to accumulate ~7.3 million HYPE tokens, increasing total HYPE token holdings to 20.0 million.

o $10.5 million deployed to repurchase ~3.0 million PURR shares at average cost of $3.42 per PURR share.

• Capital Raising Activity / Available:

o $103 million in remaining cash.

o $38.4 million in PURR shares issued (average issue price of approximately $6.31) under our committed equity facility.

Hyperliquid Ecosystem Momentum1

With momentum accelerating towards the adoption of the blockchain by global finance, Hyperliquid continues to move towards realizing its vision as the blockchain to house all finance. Hyperliquid already houses the dominant perpetuals decentralized exchange, generating more than $900 million in annual fees and processing billions in daily trading volumes and continues to innovate and launch groundbreaking new markets.

Key developments within the Hyperliquid ecosystem over the past quarter included:

• Despite a challenging market in digital assets, resilient operating performance, with the Hyperliquid protocol continuing to rank among the top protocols in terms of fee generation.

• Explosive growth in real-world asset (RWA) perps via HIP-3, with 140+ non-crypto perps launched, with trading in silver and oil at various times capturing the attention of users and global mainstream media alike.

• Strong outperformance of the HYPE token during the quarter, as the resilient operating performance of the protocol drove substantial HYPE token buybacks.

• Continued groundbreaking innovations, including portfolio margin (cross-margin) and outcome markets (prediction markets, options, insurance), poised to further enhance capital efficiency and unlock new high-demand use cases.

HSI Financial Highlights for Third Quarter and Nine Months Ended March 31, 2026:

• Balance Sheet:

o Total assets of $809.4 million as of March 31, 2026, including $113.1 million in cash and cash equivalents and $689.0 million in HYPE tokens (based on a quarter-end HYPE price of $36.60 per token, representing approximately 18.83 million tokens held).

o Strong balance sheet with $743.5 million in stockholders’ equity and no debt.

• Income Statement (nine months ended March 31, 2026):

o $3.1 million in staking revenue from HYPE holdings.

o $1.9 million in interest income.

o $10.7 million in SG&A and R&D expenses.

o $165.4 million in net loss.

o Net loss primarily attributable to $64.0 million in net unrealized losses on HYPE tokens, a one-time $35.6 million IPR&D write-off related to the acquisition of the legacy Sonnet business and a $60.5 increase in deferred tax expense.

• Income Statement (three months ended March 31, 2026):

o $2.6 million in staking revenue from HYPE holdings.

o $1.0 million in interest income.

o $7.2 million in SG&A and R&D expenses.

o $152.5 million in net profit.

o Net profit primarily attributable to $198.4 million in unrealized gains on HYPE tokens partially off-set by a $42.7 increase in deferred tax expense.

Website Information:

1 Information in this press release regarding Hyperliquid and its operations is based on information that has been publicly disseminated by Hyperliquid and has not been independently verified by HSI or its management.

The Hyperliquid Strategies Inc website (www.hypestrat.xyz) includes, among other in

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Exhibit 99.1

Hyperliquid Strategies Inc Reports Financial Results for the Quarter Ended December 31, 2025

New York, New York, February 11, 2026 — Hyperliquid Strategies Inc (NASDAQ: PURR) (“HSI” or the “Company”), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today reported its financial and operational results for the fiscal quarter and six months ended December 31, 2025.

“We are encouraged by our early execution since going public. We are establishing HSI as the leading public vehicle for capital efficient HYPE exposure amid Hyperliquid’s accelerating dominance in on-chain finance,” said David Schamis, CEO of Hyperliquid Strategies Inc. “While unrealized mark-to-market losses reflect broader digital asset volatility, our robust balance sheet, emerging staking yields, disciplined capital deployment, and alignment with Hyperliquid’s deflationary mechanics and ecosystem expansions position us to deliver long-term shareholder value. We remain highly optimistic about Hyperliquid’s trajectory as builder codes, RWA tokenization, and new primitives drive sustained growth and fee generation.”

Key Highlights:

• Completed NASDAQ listing on December 2, 2025, via a business combination with Sonnet BioTherapeutics Holdings, Inc.

• Established a strong initial treasury with 12.5 million HYPE tokens and $300 million in cash contributed by investors.

• Commenced implementation of treasury strategy to enhance per-share HYPE exposure.

• Put public capital programs in place for ongoing PURR share sales and repurchases.

Treasury Strategy Progress (as of February 3, 2026):

• Deployed $10.5 million to repurchase ~3.0 million PURR shares, reducing fully diluted share count to 150.6 million.

• Deployed $129.5 million to acquire ~5.0 million additional HYPE tokens, increasing total HYPE holdings to 17.6 million.

• $125 million in remaining deployable capital (excluding working capital reserve), further supported by a $1 billion Equity Line of Credit (ELOC) facility.

Hyperliquid Ecosystem Momentum1

Hyperliquid continues to solidify its position as the blockchain to house all finance, with its dominant perpetuals decentralized exchange generating over $800 million in annual fees and processing billions in daily trading volumes.

Key drivers of ecosystem growth include:

• Rapid builder code adoption by major platforms (e.g., Phantom, MetaMask, Rabby, Rainbow), enabling permissionless front-end integrations and generating tens of millions in fees.

1 Information in this press release regarding Hyperliquid and its operations is based on information that has been publicly disseminated by Hyperliquid and has not been independently verified by HSI or its management.

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• Explosive growth in real-world asset (RWA) perps via HIP-3, with 100+ perps launched for equities, commodities, FX, pre-IPO, and more.

• Upcoming innovations, including portfolio margin (cross-margin) and prediction markets (HIP-4), poised to further enhance capital efficiency and unlock new high-demand use cases.

HSI Financial Highlights for Second Quarter and Six Months Ended December 31, 2025:

• Total assets of $616.7 million as of December 31, 2025, including $281.9 million in cash and $327.6 million in HYPE tokens (based on a year-end HYPE price of $25.48 per token, representing approximately 12.86 million tokens held).

• Strong balance sheet with $589.8 million in stockholders’ equity and no debt.

• Revenue generated included $0.9 million in interest income and $0.5 million in staking revenue from HYPE holdings (generated post December 2, 2025 transaction close).

• SG&A and R&D expenses totaled $3.5 million for the six months ended December 31, 2025.

• Net loss of $317.9 million for the six months ended December 31, 2025, primarily attributable to $262.4 million in unrealized losses on HYPE tokens due to market volatility, a one-time $35.6 million IPR&D write-off related to the acquisition of the legacy Sonnet business and a $17.8 increase in deferred tax expense.

Website re-launch:

Hyperliquid Strategies Inc expects to relaunch its website (www.hypestrat.xyz) today, February 11, 2026. The updated website will include, among other information, a dedicated section tracking the Company's “Adjusted Net Asset Value” (the Company’s stockholders’ equity adjusted for, among other things, movements in cash, the value of the HYPE token and the number of HYPE tokens held). This section will be updated regularly, enhancing transparency for the Company’s stockholders and aligning with HSI's commitment to provide transparent, capital efficient and productive access to the HYPE token.

We intend to use our website as a means of disclosing information that may be considered material, non-public information (including the information regarding our Adjusted Net Asset Value) and for complying with our disclosure obligations under Reg