Rosenblatt Downgrades Bullish to Neutral as Stock Hits Valuation Limit
Rosenblatt downgraded Bullish to Neutral, citing its rich valuation. A collapse in crypto activity adds further pressure.
Rosenblatt downgraded Bullish to Neutral, citing its rich valuation. A collapse in crypto activity adds further pressure.
Bullish (BLSH) reports Q4 2025 results with $92.5M adjusted revenue but posts GAAP loss of $3.73 per share, missing estimates. 2026 subscription revenue guidance falls short of expectations.
Grayscale Investments files S-1 for NYSE IPO under ticker GRAY, joining crypto companies going public. The firm manages $35B in digital assets including GBTC.
Bullish Q2 earnings crushed estimates with $108.3M profit & $179.6B trading volume. They secured the NY Bitlicense, boosting global reach. Q3 looks strong.
CoinDesk owner Bullish priced its IPO at $37, above the expected range of $32 to $33, raising $1.1B and achieving a $5.4B valuation. The IPO was 20x oversubscribed, attracting BlackRock & ARK Investment Management.