Crypto

Bullish Shares Dip on Earnings Miss, $605 Million Loss as Value of Crypto Holdings Fell

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In brief

  • Bullish reported Q1 2026 adjusted revenue of $92.8 million, falling short of the $94.1 million analyst consensus.
  • Net losses expanded to $604.9 million, largely driven by $559 million in unrealized losses on the company’s digital asset holdings.
  • Despite the loss, the company…

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