BlockBeats News, December 8th, according to The Wall Street Journal, Hyperliquid Strategies Inc (Nasdaq: PURR) announced today that its board of directors has authorized a share buyback plan of up to $30 million to repurchase the company's outstanding common stock (par value $0.01 per share). The share buyback plan is valid for 12 months.David Shamis, the company's CEO, stated: "We are committed to creating maximum value for shareholders through prudent capital management. Our primary goal is to allow investors to efficiently invest in HYPE—the flagship token of the Hyperliquid ecosystem. We will use the company's cash to enhance the HYPE exposure per share of our shareholders in the most efficient manner."The repurchased shares will be made through open market transactions at market prices, through private agreements, or otherwise in accordance with federal securities laws. The specific timing, quantity, and amount of share repurchases under the buyback plan will be determined at the discretion of management and will depend on various factors, including the market price of HSI common stock, overall market and economic conditions, and applicable legal requirements. The company cannot guarantee the final number of shares to be repurchased, and the buyback plan may be extended, suspended, or terminated at any time at the company's discretion without further notice.