Feb. 9 at 3:43 PM
$PURR ok grok told me. Not touching this, wait for 1.3x or lower. Dats have all cratered. "this time is different" believe if you want...
"The current mNAV (market-to-Net Asset Value multiple) for PURR (Hyperliquid Strategies Inc., NASDAQ: PURR) is approximately 2.93x to 2.99x, based on the latest data from DefiLlama's Digital Asset Treasury tracker (as of February 9, 2026, around midday EST).Realized mNAV: ~2.93x–2.99x
Realistic mNAV: ~2.93x–2.99x
Max mNAV: ~3.18x–3.24x (depending on dilution/shares considered)
This indicates PURR is trading at a strong premium to its underlying treasury value (primarily 12.57 million HYPE tokens valued at ~
$410 million today, plus cash/reserves). "