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Bullish Shares Dip on Earnings Miss, $605 Million Loss as Value of Crypto Holdings Fell

DE
Decrypt Editorial
(03:42 PM UTC)
1 min read
DK
Approved byDavid Kim

In brief

  • Bullish reported Q1 2026 adjusted revenue of $92.8 million, falling short of the $94.1 million analyst consensus.
  • Net losses expanded to $604.9 million, largely driven by $559 million in unrealized losses on the company’s digital asset holdings.
  • Despite the loss, the company solidified its spot as the #2 Bitcoin options exchange with $11.6 billion in volume.

Crypto exchange Bullish fell…

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