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Hyperliquid Strategies Inc Added to the Russell 3000, Russell 2000 and S&P Global BMI Indices

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Hyperliquid Strategies (NASDAQ:PURR) announced its common stock was added to the Russell 3000 and Russell 2000 indices, effective at the open of U.S. trading on June 29, 2026. The stock was also added to the S&P Global Broad Market Index on June 22, 2026.

The index providers determine membership using published, rules-based methodologies considering market capitalization, float and liquidity. According to the company, these additions reflect growth in its market capitalization and trading profile since its transition to a HYPE treasury platform in December 2025.

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Positive

  • Added to Russell 3000 and Russell 2000 indices effective June 29, 2026
  • Included in S&P Global Broad Market Index effective June 22, 2026
  • Index additions reflect growth in market capitalization and trading profile
  • Recognition follows December 2025 transition to a HYPE treasury platform

Negative

  • None.

News Market Reaction – PURR

-7.08%
29 alerts
-7.08% Session close to close
-7.3% Trough in 25 hr 30 min
$1.65B Market Cap
0.2x Rel. Volume

In the Jun 30 session, PURR declined 7.08%, reflecting a notable negative market reaction. Argus tracked a trough of -7.3% from its starting point during tracking. Our momentum scanner triggered 29 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -7.1% in the session following this news. A negative reaction despite positive index...
Analysis

The stock moved -7.1% in the session following this news. A negative reaction despite positive index inclusion would fit prior divergences, such as options listing news followed by a small decline of about 0.4%. Concerns around large registered resale blocks and digital-asset risk could quickly dominate sentiment.

Key Figures

Russell index effective date: June 29, 2026 S&P Global BMI effective date: June 22, 2026 Treasury shift timing: December 2025
3 metrics
Russell index effective date June 29, 2026 Effective at open of U.S. trading for Russell 3000 and 2000 inclusion
S&P Global BMI effective date June 22, 2026 Effective date for S&P Global Broad Market Index addition
Treasury shift timing December 2025 Transition to HYPE-focused treasury platform referenced as driver of growth

Historical Context

5 past events · Latest: Jun 16 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 16 Product/IR update Positive +7.5% Website relaunch with expanded analytics and tokenomics tools for investors.
May 07 Earnings report Positive +2.4% Quarterly results highlighting HYPE-driven gains and detailed treasury deployment.
May 07 Partnership news Positive +2.4% Validator partnership on Hyperliquid to support network decentralization and staking.
Apr 28 Earnings webcast Neutral -1.4% Announcement of webcast to discuss quarterly results and treasury strategy.
Mar 24 Options listing Positive -0.4% Launch of options trading on PURR shares on Nasdaq Options Market.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

PURR has generally reacted positively to corporate and treasury-strategy news, with occasional negative moves on otherwise neutral announcements.

Key Terms

russell 3000 index, russell 2000 index, s&p global broad market index
3 terms
russell 3000 index financial
"its common stock has been added to the Russell 3000 Index and the Russell 2000 Index"
A broad stock market index that tracks the performance of the roughly 3,000 largest publicly traded U.S. companies by total market value, representing almost the entire U.S. equity market. Investors use it like a big basket or thermometer: it provides a simple snapshot of overall U.S. stock market health, serves as a benchmark for funds and portfolios, and helps measure diversification, risk and returns over time.
russell 2000 index financial
"its common stock has been added to the Russell 3000 Index and the Russell 2000 Index"
A stock-market benchmark that tracks about 2,000 small-cap U.S. companies, the Russell 2000 gives a snapshot of how smaller publicly traded firms are performing. Investors use it like a thermometer or yardstick for the small-company segment of the market—funds and portfolio managers compare returns to it, and its movements can signal changes in economic risk appetite or growth expectations; it is weighted so larger small companies have a bigger influence on the index.
s&p global broad market index financial
"added to the S&P Global Broad Market Index (BMI), effective June 22, 2026"
A broad market index that tracks the performance of a wide range of publicly traded companies across many countries and industries, serving as a yardstick for the global stock market. Think of it as a single thermometer that reads overall market health by combining many individual company prices into one number; investors use it to compare portfolio returns, build low-cost funds, and decide how to split money between regions or sectors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, June 29, 2026 /PRNewswire/ -- Hyperliquid Strategies Inc (NASDAQ: PURR) ("HSI"), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today announced that its common stock has been added to the Russell 3000 Index and the Russell 2000 Index in connection with FTSE Russell's 2026 annual reconstitution, effective at the open of U.S. trading on June 29, 2026. The Company also announced that its common stock has been added to the S&P Global Broad Market Index (BMI), effective June 22, 2026.

Membership in each index is determined solely by the respective index provider in accordance with its published, rules-based methodology, which considers factors such as market capitalization, float and liquidity. The additions reflect the growth in the Company's market capitalization and trading profile since its transition to a HYPE treasury platform in December 2025.

"Inclusion in these widely followed benchmarks reflects the growth of the Company and the continued broadening of our shareholder base. We remain focused on the disciplined execution of our treasury strategy on behalf of our shareholders."

David Schamis, Chief Executive Officer, Hyperliquid Strategies Inc

About the Indexes

The Russell 3000 Index measures the performance of the largest U.S.-listed companies and is intended to represent substantially all of the investable U.S. equity market. The Russell 2000 Index is the small-capitalization segment of the Russell 3000. The Russell U.S. indexes are reconstituted annually. The S&P Global BMI is a comprehensive, float-adjusted index designed to measure global equity market performance across developed and emerging markets. Additional information is available from FTSE Russell and S&P Dow Jones, respectively.

About Hyperliquid Strategies Inc

Hyperliquid Strategies Inc (NASDAQ: PURR) 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 currently 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. For more information, please visit www.hypestrat.xyz.

Forward-Looking Statements

This press release contains certain statements which are not historical facts, which are forward-looking statements within the meaning of the federal securities laws, for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include certain statements made with respect to the Company's business, strategy and future plans, as well as certain statements regarding expected growth and developments with respect to Hyperliquid. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "potential," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. 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. These risks and uncertainties include, but are not limited to: changes in business, market, financial, political and regulatory conditions; risks relating to HSI's anticipated 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 will operate; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding HYPE tokens; risks relating to the treatment of crypto assets for U.S. 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. 333-290034) filed by HSI with the SEC on October 27, 2025, and in subsequent filings and reports made by HSI with the SEC from time to time. While HSI may elect to update these forward-looking statements at some point in the future, HSI specifically disclaims any obligation to do so.

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SOURCE Hyperliquid Strategies Inc

FAQ

What index additions did Hyperliquid Strategies (NASDAQ:PURR) announce on June 29, 2026?

Hyperliquid Strategies announced its stock was added to the Russell 3000 and Russell 2000 indices effective June 29, 2026. According to the company, this inclusion follows FTSE Russell’s 2026 annual reconstitution based on factors like market capitalization, float and liquidity.

When was Hyperliquid Strategies (PURR) added to the S&P Global BMI index?

Hyperliquid Strategies was added to the S&P Global Broad Market Index effective June 22, 2026. According to the company, this inclusion is based on S&P’s published methodology and reflects the firm’s evolving market capitalization and trading characteristics after its transition to a HYPE treasury platform.

Why was Hyperliquid Strategies (PURR) included in the Russell 3000 and Russell 2000 indices?

The company states index inclusion reflects growth in its market capitalization and trading profile. Membership is determined solely by FTSE Russell’s rules-based methodology, which considers factors such as market capitalization, float and liquidity as part of its 2026 annual reconstitution process.

What does Russell 2000 inclusion mean for Hyperliquid Strategies (PURR) shareholders?

According to Hyperliquid Strategies, Russell 2000 and Russell 3000 inclusion reflects company growth and a broadening shareholder base. The company adds that it remains focused on disciplined execution of its digital asset treasury strategy on behalf of shareholders within the Hyperliquid ecosystem.

Who commented on Hyperliquid Strategies (PURR) index inclusion and what was emphasized?

Chief Executive Officer David Schamis commented that inclusion in widely followed benchmarks reflects the company’s growth and expanding shareholder base. He emphasized continued focus on disciplined execution of Hyperliquid Strategies’ treasury strategy on behalf of its shareholders in the Hyperliquid ecosystem.