Bullish (BLSH) Cash & Equivalents (2023 - 2026)
Bullish's (BLSH) quarterly Cash & Equivalents came in at $86.6 million in Q2 2026, up 49.7% year-over-year from $57.9 million in Q2 2025, and up 13.89% quarter-over-quarter from $76.1 million in Q1 2026.
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Analysis
Bullish (BLSH) Cash & Equivalents (2023 - 2026) Analysis & Trends
Bullish has disclosed Cash & Equivalents across 4 years of filings, most recently posting $86.6 million for Q2 2026.
- In Q2 2026, Cash & Equivalents rose 49.7% year-over-year to $86.6 million; the TTM figure through Jun 2026 stood at $86.6 million (up 49.7% YoY), while the FY2025 annual figure was $87.9 million, up 178.67% from the prior year.
- Cash & Equivalents came in at $86.6 million for Q2 2026 at Bullish, up from $76.1 million in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $131.5 million in Q2 2024 to a low of $31.5 million in Q4 2024.
- Average Cash & Equivalents over 4 years is $84.1 million, with a median of $81.3 million recorded in 2026.
- Year-over-year, Cash & Equivalents slumped 72.06% in 2024 and soared 178.67% in 2025.
- Over 4 years, Cash & Equivalents stood at $112.9 million in 2023, then tumbled by 72.06% to $31.5 million in 2024, then jumped by 178.67% to $87.9 million in 2025, then fell by 1.45% to $86.6 million in 2026.
- Per Business Quant data, the three most recent Cash & Equivalents figures were $86.6 million in Q2 2026, $76.1 million in Q1 2026, and $87.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn | 340.29 Mn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn | 8.61 Bn |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - | 8.31 Bn |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn | 6.43 Bn |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn | 5.90 Bn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn | 7.00 Bn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn | 627.00 Mn |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn | 5.41 Bn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn | 6.79 Bn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn | 86.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.61 Mn |
| Mar 31, 2026 | 76.05 Mn |
| Dec 31, 2025 | 87.89 Mn |
| Sep 30, 2025 | 69.31 Mn |
| Jun 30, 2025 | 57.86 Mn |
| Mar 31, 2025 | 55.78 Mn |
| Dec 31, 2024 | 31.54 Mn |
| Sep 30, 2024 | 131.53 Mn |
| Jun 30, 2024 | 131.53 Mn |
| Dec 31, 2023 | 112.90 Mn |
API Access
Bullish Cash & Equivalents 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=cash-and-equivalents&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();