Bullish (BLSH) Shares Outstanding (2023 - 2026)
Bullish's (BLSH) quarterly Shares Outstanding (Entity) came in at $150.8 million in Q4 2025, up 33.88% year-over-year from $112.7 million in Q4 2024, and up 33.88% quarter-over-quarter from $112.7 million in Q4 2024.
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Analysis
Bullish (BLSH) Shares Outstanding (2023 - 2026) Analysis & Trends
Bullish has disclosed Shares Outstanding (Entity) across 3 years of filings, most recently posting $150.8 million for Q4 2025.
- In Q4 2025, Shares Outstanding (Entity) rose 33.88% year-over-year to $150.8 million; the TTM figure through Dec 2025 stood at $150.8 million (up 33.88% YoY), while the FY2025 annual figure was $150.8 million, up 33.88% from the prior year.
- Shares Outstanding (Entity) came in at $150.8 million for Q4 2025 at Bullish, up from $112.7 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $150.8 million in Q4 2025 to a low of $112.5 million in Q4 2023.
- Average Shares Outstanding (Entity) over 3 years is $125.3 million, with a median of $112.7 million recorded in 2024.
- Year-over-year, Shares Outstanding (Entity) climbed 0.15% in 2024 and jumped 33.88% in 2025.
- Over 3 years, Shares Outstanding (Entity) stood at $112.5 million in 2023, then rose by 0.15% to $112.7 million in 2024, then jumped by 33.88% to $150.8 million in 2025.
- Per Business Quant data, the three most recent Shares Outstanding (Entity) figures were $150.8 million in Q4 2025, $112.7 million in Q4 2024, and $112.5 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn | 551.79 Mn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn | 263.41 Mn |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - | 877.00 Mn |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn | 597.83 Mn |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn | 316.12 Mn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn | 65.54 Mn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn | 532.60 Mn |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn | 269.92 Mn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn | 118.48 Mn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn | 127.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.72 Mn |
| Mar 31, 2026 | 127.72 Mn |
| Dec 31, 2025 | 127.72 Mn |
| Sep 30, 2025 | 112.66 Mn |
| Jun 30, 2025 | 112.66 Mn |
| Mar 31, 2025 | 112.66 Mn |
| Dec 31, 2024 | 112.66 Mn |
| Sep 30, 2024 | 112.50 Mn |
| Jun 30, 2024 | 112.50 Mn |
| Dec 31, 2023 | 112.50 Mn |
API Access
Bullish Shares Outstanding 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=shares-outstanding&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();