HYPE: Number of Companies with a Non-Zero Treasury Balance
Shown as its Jul–Sep 2025 sample; the latest readings and full history are included with Plus.
How many of the companies we cover report holding HYPE on each day.
Why use it. Shows how widely companies are adopting HYPE as a treasury asset, whatever the size of each holding. How to read it. Counts steps up when a company first reports holdings and down when one reports none or is acquired.
Calculation. Companies whose latest filed figure is above zero. Source: the companies' own filings with the US SEC (EDGAR): their 10-K and 10-Q reports and the 8-K announcements in which they state their holdings, or a foreign company's 20-F, 40-F and 6-K, read by CryptoKeyhole every hour since January 2025, when these treasuries began. The companies include Hyperliquid Strategies, Hyperion DeFi and ENDRA Life Sciences; each company's figures are in the breakdown by company. HYPE a company has staked count where its filing counts them in HYPE; liquid-staking tokens count only where the filing's own figure includes them. Values use CryptoKeyhole's own hourly HYPE/USD index from public exchange candles. Each company's figure is the number of HYPE it reports holding for its own account in its SEC filings: its quarterly and annual reports (10-Q and 10-K, or a foreign company's 20-F or 40-F, from their XBRL data or, where the data lack it, the report's own sentence), and, for companies that announce their holdings by 8-K or, for foreign companies, 6-K (press releases and monthly updates), those announcements when they state the number. A figure counts from the date it refers to (a report's period end, or the date an announcement gives) until the company's next figure; the filing date is kept separately and is later, often by weeks. A quarterly figure is checked against the fair value the same filing reports, valued at our own price for that day, and is left out where they disagree. Where a company counts coins it has lent or posted as collateral in its holdings, so does its figure here; coins held for customers are not counted. Limitations: filings lag the holdings they report, so recent purchases appear only once filed, and holdings between figures are not known (8-K announcements fill some of the gaps, only when they state the number). Only companies that file their reports with the US SEC are covered (10-K and 10-Q, or 20-F, 40-F and 6-K for foreign companies): companies listed elsewhere that do not file with the SEC, private companies, funds and ETFs are not included. A company enters the totals at its first filed figure, which can be years after it first bought HYPE when its earlier reports gave only dollar amounts.