Bullish Earnings Fall Short As Crypto Trading Weakens CryptoProwl May 14, 2026 1 min read BLSH BTC-USD HOOD COIN The latest financial results of cryptocurrency exchange Bullish (NYSE: $BLSH) have come up short as trading activity on its platform slowed in recent months. The company, which focuses on institutional investors, reported first-quarter revenue of $92.8 million U.S., which was below Wall Street estimates of $94.9 million U.S. Bullish also reported a net loss of -$3.85 U.S. per share compared with a loss of -$3.04 U.S. a share a year earlier.
More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket Management said the crypto exchange struggled in Q1 as Bitcoin's (CRYPTO: $BTC) price fell to a multiyear low of $60,000 U.S. Other digital assets also saw their price fall sharply.
Other crypto exchanges such as Coinbase Global (NASDAQ: $COIN) and Robinhood Markets (NASDAQ: $HOOD) also missed their first-quarter earnings targets due to the "crypto winter." The latest earnings print comes a week after Bullish announced plans to acquire transfer agent and shareholder services firm Equiniti for $4.2 billion U.S. The Equiniti purchase aims to expand the company's push into tokenized securities and give Bullish a regulated transfer agent business. Prior to today (May 14), BLSH stock had declined 40% since its initial public offering in August of last year to trade at $41.81 U.S. per share. {"contentId":"5133f33b-6ef3-37d5-80df-ca277c53f9c3","canonicalUrl":"https://www.cryptoprowl.com/releases/bullish-earnings-fall-short-as-crypto-trading-weakens-5476","owningPropertyUrl":"https://finance.yahoo.com/markets/crypto/articles/bullish-earnings-fall-short-crypto-131200846.html","providerId":"cryptoprowl_304","commerceSiteId":"","site":"finance","region":"US","lang":"en-US","tags":[,,,,,,,,,,,,,,],"categories":[,],"commerceArticleType":""} Terms and Privacy Policy EU DSA contact Privacy & Cookie Settings More Info
Extract — continue reading at the source.
