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Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.
Regular session
$35.09
−$0.44 · -1.24%
Regular session · ET · Market data may be delayed.
Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.
Day range
Current $35.09
52-week range
Current $35.09
Regular session · ET · Market data may be delayed.
GoAI Score
Sell
Valuation
47
Fair Value
Sentiment
62
Bullish
Risk
60
Elevated Risk
Momentum
20
Strong Down
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.
Day range
Current $35.09
52-week range
Current $35.09
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 244.97B USD | 250.26B USD | 116.51B USD | 72.9B USD | 1.32B USD |
| Cost of goods sold | 244.9B USD | 250.26B USD | 116.53B USD | 72.9B USD | 2.37B USD |
| Gross profit | 74.08M USD | 5.28M USD | −21.67M USD | −6.56M USD | −1.04B USD |
| Selling, general, and administrative | 53.81M USD | 24.79M USD | 15.31M USD | 53.67M USD | 99.68M USD |
| Operating expenses | 23.43M USD | −26.64M USD | −31.88M USD | −22.22M USD | 232.2M USD |
| Interest income | — | — | — | — | 1.51M USD |
| Interest expense | 52.37M USD | 38.53M USD | 2.98M USD | 122.73M USD | 126.84M USD |
| Depreciation and amortization | 8.2M USD | 8.55M USD | 5.42M USD | 3.6M USD | 471K USD |
| Operating income | 50.66M USD | 31.92M USD | 10.21M USD | 15.67M USD | −1.28B USD |
| Net income | −764.68M USD | 78.53M USD | 1.3B USD | −4.25B USD | −1.4B USD |
Company facts updated Sep 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$44.75
27.53% upsideFunds reporting this stock among their holdings, ordered by reported position size.
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Fidelity Crypto Industry and Digital Payments ETFFDIG4.08M1.48%264.79M USD0.39%$44.845-2.02%ARK Innovation ETFARKKARK Next Generation Internet ETFARKWARK Blockchain & Fintech Innovation ETFARKFVanEck Digital Transformation ETFDAPPGlobal X - Blockchain ETFBKCHSchwab Crypto Thematic ETFSTCEBitwise Crypto Industry Innovators ETFBITQFidelity Crypto Industry and Digital Payments ETFFDIGAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
