Bullish (BLSH) Shares Outstanding (Diluted Average) (2023 - 2025)

Bullish has disclosed Shares Outstanding (Diluted Average) across 3 years of filings, most recently posting $127.7 million for Q4 2025.

• Shares Outstanding (Diluted Average) for Q4 2025 came in at $127.7 million, up 10.68% year-over-year; the trailing twelve-month figure through Dec 2025 was $127.7 million (up 10.68% YoY), and the FY2025 annual result was $127.7 million, up 9322746.72% from the prior year.
• Shares Outstanding (Diluted Average) came in at $127.7 million for Q4 2025 at Bullish, up from $1820.0 in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $127.7 million in Q4 2025 to a low of $700.0 in Q3 2024.
• The 3-year median for Shares Outstanding (Diluted Average) is $2090.0 (2025), against an average of $52.2 million.
• Across the five-year window, Shares Outstanding (Diluted Average) retreated 5.55% in 2024 and jumped 160.0% in 2025, its largest moves.
• Bullish's Shares Outstanding (Diluted Average) stood at $122.2 million in 2023, then fell by 5.55% to $115.4 million in 2024, then grew by 10.68% to $127.7 million in 2025.
• The last three Shares Outstanding (Diluted Average) figures came in at $127.7 million (Q4 2025), $1820.0 (Q3 2025), and $2090.0 (Q2 2025), per Business Quant data.