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Bullish (BLSH) Reports Record Revenue Amid Crypto Volatility, GAAP Losses Widen

Bullish (BLSH) Reports Record Revenue Amid Crypto Volatility, GAAP Losses Widen

Author:

Global Cryptocurrency

Published:

2026-02-05 15:22:02

18

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BTCCSquare news:

Bullish (BLSH) shares dipped 1.59% to close at $27.20 despite posting record adjusted revenue of $92.5 million for the quarter, surpassing internal targets. The crypto platform's adjusted EPS of $0.19 beat analyst forecasts, but GAAP losses ballooned to $3.73 per share due to digital-asset remeasurement impacts.

The company expanded its U.S. trading footprint with spot crypto services, generating $64.3 billion in volume. While 2026 guidance remains steady, January's slowdown and uneven momentum temper optimism. Market volatility continues to create divergence between operational performance and accounting results.

By:

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