Welcome to our dedicated page for BULLISH SEC filings (Ticker: BLSH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Bullish (NYSE: BLSH) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as a foreign private issuer, along with AI-powered tools to help interpret them. Bullish files current reports on Form 6-K that furnish press releases, unaudited financial statements, earnings presentations, and monthly metrics packages related to its operations as an institutionally focused global digital asset platform.
In these filings, investors can find quarterly results such as Bullish’s reports for the second and third quarters of 2025, which include unaudited condensed consolidated financial statements and earnings presentations. The company also provides detailed definitions and reconciliations for non-IFRS measures like adjusted transaction revenue, adjusted revenue, adjusted EBITDA, adjusted net income, and adjusted operating expense. These disclosures explain how Bullish isolates the performance of its trading operations, subscription and services revenue, and investment activities from fair value changes and other items.
Bullish’s Form 6-K submissions also attach monthly metrics reports for periods such as October, November, and December 2025. These exhibits contain tables showing trading volume by product category, average trading spreads, and monthly average volatility for BTC and ETH, along with methodology notes. For investors analyzing Bullish Exchange, these metrics provide additional context beyond standard financial statements.
On this page, Stock Titan enhances Bullish’s raw filings with AI-powered summaries that highlight key points from lengthy documents, making it easier to understand the implications of non-IFRS measures, trading metrics, and regulatory milestones. Real-time updates from EDGAR ensure that new Form 6-K submissions appear promptly. Users can also review historical filings to see how Bullish’s trading volumes, adjusted financial measures, and information services have been described over time.
Whether you are looking for quarterly earnings details, reconciliations of adjusted metrics, or monthly trading data, this Bullish filings page offers structured access to the company’s official SEC disclosures with added AI context.
Bullish, an institutionally focused global digital asset platform, will release its first quarter 2026 financial results on May 14, 2026, and host an earnings conference call at 8:30 a.m. Eastern Time the same day, with a live webcast and replay on its investor relations website.
The company calculated fully diluted outstanding shares of 161,206,073 based on a Q1 2026 average BLSH close price of $35.071, and 161,266,541 shares based on the March 31, 2026 close price of $35.73. Bullish also highlights that it uses its website and X account to distribute information relevant to investors.
Bullish Chief Executive Officer Thomas W. Farley sold 80,000 Ordinary Shares of Bullish on 2026-04-10 in open-market transactions. The shares were sold at weighted average prices within ranges of $35.30 to $37.38, as disclosed in related footnotes.
The sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person. After completing these transactions, Farley directly owned 4,973,528 Ordinary Shares.
Bullish furnished a Form 6-K presenting its unaudited monthly operating metrics for March 2026. Total trading volume reached $60.4B, including $52.9B in spot trading and additional activity in options and perpetual futures. The platform’s overall average trading spread, a proxy for trading cost and revenue yield, was 1.86 bps in March 2026. Reported monthly average volatility was 48% for BTC and 46% for ETH, based on CoinDesk Data indices.
The company emphasizes that these figures are unaudited, preliminary for the current fiscal quarter, and may differ from final results reported in its quarterly and annual filings. Bullish plans to continue releasing similar monthly metric packages after each month-end via its investor relations website.
Bullish director and 10% owner Brendan Blumer, through Buttonwood Investments I, exercised and settled a call option agreement covering 7,813 ordinary shares at an exercise price of $11.10 per share on April 2, 2026, eliminating this remaining derivative position.
Following these transactions, Blumer reports 39,157,869 ordinary shares held directly, plus 4,139 restricted share units granted on November 6, 2025 under the Bullish 2025 Omnibus Incentive Plan, which vest in full on September 1, 2026. He disclaims beneficial ownership of Buttonwood’s securities except to the extent of any pecuniary interest.
Bullish director and 10% owner Yuan Kokuei has filed an initial Form 3 detailing his ownership in the company’s ordinary shares. The filing reports direct ownership of 36,453,037 ordinary shares, plus an additional 4,139 restricted share units granted on November 6, 2025 that vest in full on September 1, 2026.
The document also notes 35,666 ordinary shares held indirectly through EFM Global Alternatives Growth Feeder Fund and related master funds. Kokuei holds non-voting shares in this fund, giving him a pecuniary interest in these securities, while he disclaims beneficial ownership beyond that economic interest.
Bullish director Andrew Bliss filed an amended insider ownership report showing his current stake in the company. He is deemed to beneficially own 5,040,002 Ordinary Shares held through Bliss Capital Limited, which he controls. He also holds 4,139 restricted share units granted on November 6, 2025 under the Bullish 2025 Omnibus Incentive Plan, which vest in full on September 1, 2026, with each RSU representing one ordinary share upon vesting.
Bullish director and ten percent owner Brendan Francis Blumer has filed an initial ownership report showing direct and indirect stakes in the company’s Ordinary Shares. The filing lists 39,157,869 Ordinary Shares held directly and an additional block of shares held indirectly through Buttonwood Investments 1, a Cayman Islands company in which he holds 100% of the equity interests but disclaims beneficial ownership except to the extent of any pecuniary interest. The report also notes 4,139 restricted share units granted on November 6, 2025 under the Bullish 2025 Omnibus Incentive Plan, which are scheduled to vest in full on September 1, 2026.
Bullish filed an initial insider ownership report for Chief Executive Officer Thomas W. Farley. He holds incentive units in subsidiary BMC1 that are exchangeable for up to 5,053,528 Ordinary Shares of Bullish upon vesting. The units vest based on time and performance conditions, and as of this filing, the underlying 3,370,308 Ordinary Shares are vested. No cash consideration is payable when the incentive units convert into Ordinary Shares.
Bullish director Bliss Andrew filed an initial ownership report showing indirect beneficial ownership of 5,040,002 Ordinary Shares. These shares are held by Bliss Capital Limited, an entity he controls, so he is deemed to beneficially own them.
The filing also notes 4,139 restricted share units granted on November 6, 2025 under the Bullish 2025 Omnibus Incentive Plan. These RSUs vest in full on September 1, 2026, with each unit delivering one Bullish ordinary share upon vesting.
Bullish filed an initial insider ownership report for its Chief Financial Officer, David Bonanno, detailing his equity-linked incentives. He holds incentive units in subsidiary BMC1 that are exchangeable into up to 1,736,976 Ordinary Shares of Bullish upon meeting time-based vesting and performance conditions. As of this filing, the footnote states that 1,141,146 of the underlying Ordinary Shares are vested. No cash consideration is payable when these incentive units convert into Ordinary Shares.