
Hyperliquid Strategies' PURR trades back above NAV with mNAV at 1.011
- —PURR indicated price is $10.93 per share versus $10.81 NAV
- —mNAV climbed to 1.011, back above parity
- —HYPE traded at $85.96 at the time of the calculation
Why it matters: A return above 1 signals investors are willing to pay a premium for HYPE treasury exposure again, a key gauge for crypto treasury companies.
Source: TokenPost