Bullish Posts $280M Q2 Loss as Asset Sales Drop 44%
Stock at $24.63 trades below its $37 IPO and a fraction of last year's $74 peak, even as the company bets $4.2B on Equiniti to anchor a tokenized-securities pivot.
Every Zipp story tagged #BLSH, newest first.
Stock at $24.63 trades below its $37 IPO and a fraction of last year's $74 peak, even as the company bets $4.2B on Equiniti to anchor a tokenized-securities pivot.
Cathie Wood's funds are buying BLSH into a 17% two-week drawdown — the same playbook Ark has used to accumulate crypto equities through prior digital-asset selloffs, suggesting conviction rather than…
The miss lands Bullish in the same quarter's bad column as Coinbase and Robinhood, where softer crypto prices compressed transaction revenue across the industry — but the $4.2B Equiniti deal keeps…
Clear Street sees a sharp earnings-quality upgrade as Bullish inherits Equiniti's book of 3,000 public companies — but Compass Point argues the rerating is already in the price.
The deal folds a regulated transfer agent serving 2,500 companies and 20 million shareholders into Bullish's stack — one of the largest crypto-linked acquisitions ever, ranking above Coinbase's…