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PURR shares jump 17% as market value surpasses net asset value by 7.8%.

Market News
29 Oct 2026, 18:41 WIB
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Bullish
PURR shares jump 17% as market value surpasses net asset value by 7.8%.

Shares of Hyperliquid Strategies (PURR), a HYPE treasury company, rose more than 17% intraday, with its market value exceeding its net asset value by 7.8%. PURR traded at about $11.66 per share, compared to a net asset value of $10.81, resulting in an mNAV of 1.078. This means the market values PURR at 1.078 times its net asset value, indicating strong investor demand. Meanwhile, HYPE shares also traded above their net asset value, reflecting positive market sentiment for the related assets.

HYPE shares on Pluang surged 18.30% to Rp1.716.599 as of Oct 29, 2026 23:02 WIB, showing strong investor interest consistent with the article's note on Hyperliquid Strategies' rising share price. The platform recorded a high trading volume of Rp33.51 trillion and a market cap of Rp429.47 trillion, highlighting significant market activity around these assets. Despite a majority of sell orders at 59%, the typical hold time remains 38 days, indicating sustained investor engagement.

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