Bullish (BLSH) Market Capitalization (2025 - 2026)
Bullish's (BLSH) quarterly Market Capitalization came in at $3.5 billion in Q2 2026, down 34.42% quarter-over-quarter from $5.4 billion in Q1 2026.
Bullish (BLSH) Market Capitalization (2025 - 2026) Analysis & Trends
Bullish has disclosed Market Capitalization across 2 years of filings, most recently posting $3.5 billion for Q2 2026.
- In Q2 2026, Market Capitalization changed N/A year-over-year to $3.5 billion; the TTM figure through Jun 2026 stood at $3.5 billion (changed N/A YoY), while the FY2025 annual figure was $5.7 billion, changed N/A from the prior year.
- Market Capitalization came in at $3.5 billion for Q2 2026 at Bullish, down from $5.4 billion in the prior quarter.
- In the past five years, Market Capitalization ranged from a high of $7.2 billion in Q3 2025 to a low of $3.5 billion in Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.53 Bn |
| Mar 31, 2026 | 5.39 Bn |
| Dec 31, 2025 | 5.71 Bn |
| Sep 30, 2025 | 7.17 Bn |
Bullish Market Capitalization 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=market-capitalization&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();