Hyperliquid Strategies Inc

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

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

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

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

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

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

Strong Balance Sheet: 20M HYPE tokens* and $103M in cash*, no debt.

SEC original ↗Hyperliquid Strategies Inc — Presentation / slide deck (8-K exhibit)EX-99May 7, 2026

Mainstream Press Recognizing Hyperliquid As Credible 24/7 Trading Venue ~43.6M HYPE tokens have been bought back and permanently burnt to date Hyperliquid is the leading protocol for buy-backs by far Deflationary Buy-Backs Market Statistics Operating Performance and Growth Outlook Driving Value Accrual HYPE Token 99% of fees attributable to Hyperliquid are used to buy back HYPE Protocol Buy-Backs ($M) (January 1 – October 15, 2025) ~$19B Outstanding Token Value 1.0B Initial Token Supply #10 Rank By Market Cap ~477M Outstanding Token Supply ~236M Circulating Token Supply Source: Blockworks, CoinGecko, Galaxy Research.

SEC original ↗Hyperliquid Strategies Inc — Presentation / slide deck (8-K exhibit)EX-99May 7, 2026

Emerging Growth Engines “Builder Codes” “BLP” “HIP-3” “HIP-4” Hyperliquid Strategies Third Quarter Update Hyperliquid Strategies: Disciplined Treasury Execution $226.5M Capital Deployment (Since Inception) Share buy-backs.

SEC original ↗Hyperliquid Strategies Inc — Presentation / slide deck (8-K exhibit)EX-99May 7, 2026

htm EX-99.1 EX-99.1 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.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 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.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

“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.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

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.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

The Hyperliquid Strategies Inc website ( www.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

These risks and uncertainties include, but are not limited to: changes in business, market, financial, political and regulatory conditions; risks relating to HSI’s operations and business, including the highly volatile nature of the price of HYPE tokens; the risk that HSI’s stock price will be highly correlated to the price of HYPE tokens and the price of HYPE tokens may decrease; risks related to increased competition in the industries in which HSI operates; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding HYPE tokens; risks relating to the treatment of crypto assets for U.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

and foreign tax purposes; risks that HSI experiences difficulties managing its growth and expanding operations; challenges in implementing HSI’s business plan including HYPE token-related financial and advisory services, due to operational challenges, significant competition and regulation; and those factors discussed in the final prospectus/proxy statement (File No.

SEC original ↗Hyperliquid Strategies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026

Investing in the Company or exposure to HYPE tokens carries substantial risks, including extreme price volatility, regulatory uncertainty, liquidity constraints, counterparty risks, and other factors detailed in the Company’s public filings with the U.

SEC original ↗Hyperliquid Strategies Inc — Presentation / slide deck (8-K exhibit)EX-99May 7, 2026

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about the Company and its business that may cause its actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements.

SEC original ↗Hyperliquid Strategies Inc — Presentation / slide deck (8-K exhibit)EX-99May 7, 2026

Factors that might cause or contribute to such a discrepancy include, but are not limited to, changes in business, market, financial, political and regulatory conditions; risks relating to HSI’s operations and business, including the highly volatile nature of the price of HYPE tokens; the risk that HSI’s stock price will be highly correlated to the price of HYPE tokens and the price of HYPE tokens may decrease; risks related to increased competition in the industries in which HSI operates; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding HYPE tokens; risks relating to the treatment of crypto assets for U.

SEC original ↗Hyperliquid Strategies Inc — Presentation / slide deck (8-K exhibit)EX-99May 7, 2026