PURR (Hyperliquid Strategies) Shares Outstanding (Basic Average): 124.04 Mil (As of Mar. 2026)


PURR Hyperliquid Strategies Inc PURR
13 GF Score
Price $8.74
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What is Hyperliquid Strategies Shares Outstanding (Basic Average)?

Hyperliquid Strategies PURR +8.98% 13 Shares Outstanding (Basic Average) is 124.04 Mil as of Mar. 2026. GuruFocus rates PURR with a GF Score™ of 13/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Hyperliquid Strategies's average basic shares outstanding for the quarter that ended in Mar. 2026 was 124.04 Mil.

Hyperliquid Strategies  (NAS:PURR) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Hyperliquid Strategies Shares Outstanding (Basic Average) Related Terms

Hyperliquid Strategies Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Hyperliquid Strategies's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hyperliquid Strategies Shares Outstanding (Basic Average) Chart

Hyperliquid Strategies Annual Data
Trend
Shares Outstanding (Basic Average)

Hyperliquid Strategies Quarterly Data
Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) 0.00 127.03 41.00 124.04
PURR
13GF Score
Hyperliquid Strategies Inc PURR
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Hyperliquid Strategies Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 124.04 Mil mean?
Hyperliquid Strategies (PURR) has a Shares Outstanding (Basic Average) of 124.04 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Hyperliquid Strategies and its competitors.
Is Hyperliquid Strategies' Shares Outstanding (Basic Average) too high?
Hyperliquid Strategies' current Shares Outstanding (Basic Average) is 124.04 Mil. Overall, Hyperliquid Strategies has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hyperliquid Strategies' Shares Outstanding (Basic Average) compare to PWP and GOLD?
Hyperliquid Strategies' Shares Outstanding (Basic Average) of 124.04 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Capital Markets company?
A good Shares Outstanding (Basic Average) depends on the Capital Markets industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Hyperliquid Strategies and its competitors. Hyperliquid Strategies's current Shares Outstanding (Basic Average) is 124.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyperliquid Strategies stock overvalued right now?
Hyperliquid Strategies (PURR) has a current Shares Outstanding (Basic Average) of 124.04 Mil. The current Shares Outstanding (Basic Average) is 124.04 Mil. Hyperliquid Strategies' overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Hyperliquid Strategies (PURR), the current Shares Outstanding (Basic Average) is 124.04 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hyperliquid Strategies Business Description

Other Exchanges 3HD:Germany
Address 477 Madison Avenue, 22nd Floor, New York, NY, USA, 10022
Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. HSI aims to provide capital-efficient and productive access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns that individual holders may not be able to replicate through staking, yield optimization, and active ecosystem engagement. HSI is positioned to become the largest HYPE-focused digital asset treasury vehicle capitalizing on Hyperliquid's rapid growth and providing exposure to one of the largest and fastest growing revenue pools in digital assets.
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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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