Bullish (BLSH) Capital Expenditures (2024 - 2026)
Bullish's (BLSH) quarterly Capital Expenditures came in at -$635000.0 in Q2 2026, down 1075.93% year-over-year from $65066.4 in Q2 2025, and down 54.13% quarter-over-quarter from -$412000.0 in Q1 2026.
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Analysis
Bullish (BLSH) Capital Expenditures (2024 - 2026) Analysis & Trends
Bullish has disclosed Capital Expenditures across 3 years of filings, most recently posting -$635000.0 for Q2 2026.
- In Q2 2026, Capital Expenditures fell 1075.93% year-over-year to -$635000.0; the TTM figure through Jun 2026 stood at -$10.7 million (down 2454.29% YoY), while the FY2025 annual figure was -$9.9 million, down 2439.9% from the prior year.
- Capital Expenditures came in at -$635000.0 for Q2 2026 at Bullish, down from -$412000.0 in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$42000.0 in Q2 2024 to a low of -$7.6 million in Q4 2025.
- Average Capital Expenditures over 3 years is -$1.2 million, with a median of -$196000.0 recorded in 2025.
- The largest YoY upside for Capital Expenditures was 28.57% in 2025 against a maximum downside of 9626.92% in 2025.
- Over 3 years, Capital Expenditures stood at -$78000.0 in 2024, then tumbled by 9626.92% to -$7.6 million in 2025, then surged by 91.63% to -$635000.0 in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were -$635000.0 in Q2 2026, -$412000.0 in Q1 2026, and -$7.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn | 2.15 Bn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn | - |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - | 208.00 Mn |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn | 8.58 Bn |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn | 1.33 Bn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn | 54.44 Mn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn | 498.00 Mn |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn | 235.66 Mn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn | 4.00 Mn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn | -635,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -635,000.00 |
| Mar 31, 2026 | -412,000.00 |
| Dec 31, 2025 | -7.59 Mn |
| Sep 30, 2025 | -2.09 Mn |
| Jun 30, 2025 | -54,000.00 |
| Mar 31, 2025 | -196,000.00 |
| Dec 31, 2024 | -78,000.00 |
| Sep 30, 2024 | -92,000.00 |
| Jun 30, 2024 | -42,000.00 |
API Access
Bullish Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BLSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();