On July 3, according to official data from HypeStrat, the Hyperliquid ecosystem company has accumulated the purchase of 600,000 HYPE tokens over the past 7 days, valued at approximately $40.6 million. During the same period, the company's cash position decreased by about $36 million. As the current mNAV is close to or below 1, the company has not issued new shares and still holds approximately $149.4 million in cash reserves.
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