BLSH

Bullish

Technology · $5.4B market cap

Verdict

We can't put a fair value on BLSH right now. It has fewer than 5 profitable years and uneven cash flow, not enough history to project from yet.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth—?
Equity per share growth—?
Sales growth54.7% a year✓
Free cash flow growth—?
Return on invested capital1.0%✗

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Superinvestors

None of the investors we track holds BLSH right now. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: Chase Coleman

Insider activity

Since Sep 3, 2026: no open-market purchases and 4 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About Bullish

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…

Software - Application

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works