Bullish affiliate proposes $9.97M share sale

The notice gives September 21, 2026, as the approximate sale date and reports an aggregate market value of $9,968,400.

Available on EDGAR 09/21/2026 - 04:57 PM EDT Accepted by SEC EDGAR 09/21/2026 - 04:56 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Bliss Capital Ltd, identified as an affiliate of Bullish, is named in a notice for a proposed sale of 260,000 ordinary shares, with an aggregate market value of $9,968,400. The approximate sale date is September 21, 2026. J.P. Morgan Securities LLC is named as broker and signed as agent and attorney-in-fact for Bliss Capital Ltd.

The notice lists February 17, 2026, as the date of plan adoption or giving of instruction if relying on Rule 10b5-1. Bliss Capital acquired the shares by transfer from Andrew Bliss on August 23, 2024; Andrew Bliss had acquired them from Block.one on July 23, 2024, pursuant to a share buyback.

Key Figures

Ordinary shares proposed for sale: 260,000 shares Aggregate market value: $9,968,400 Ordinary shares outstanding: 150,833,916 shares

3 metrics

Ordinary shares proposed for sale 260,000 shares Bliss Capital Ltd; approximate sale date September 21, 2026

Aggregate market value $9,968,400 Proposed sale of ordinary shares

Ordinary shares outstanding 150,833,916 shares Number listed for Bullish

Key Terms

Rule 10b5-1, Aggregate Market Value, Affiliate, attorney-in-fact, +1 more

5 terms

Rule 10b5-1 regulatory

"if relying on Rule 10b5-1"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Aggregate Market Value financial

"Aggregate Market Value"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Affiliate regulatory

"Relationship to Issuer | Affiliate"

attorney-in-fact regulatory

"as agent and attorney-in-fact for Bliss Capital Ltd"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

share buyback financial

"pursuant to a share buyback"

A share buyback is when a company uses its cash to purchase its own stock from the market, which reduces the number of shares available to other investors. Think of it like a bakery buying back some of its own cookies so the remaining cookies are a bigger slice of the business; buybacks can raise per-share earnings and ownership stakes and signal management’s confidence, but they also use cash that could have been spent on growth or dividends.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BLSH shares is Bliss Capital Ltd proposing to sell?

Bliss Capital Ltd is named in a proposed sale of 260,000 Bullish ordinary shares, with an aggregate market value of $9,968,400. The approximate sale date is September 21, 2026.

Who is selling BLSH shares and who is handling the sale?

Bliss Capital Ltd, identified as an affiliate of Bullish, is named as the account for the proposed sale. J.P. Morgan Securities LLC is named as the broker and signed as agent and attorney-in-fact for Bliss Capital Ltd.

How did Bliss Capital Ltd acquire the BLSH shares?

Bliss Capital Ltd acquired the 260,000 ordinary shares by transfer from Andrew Bliss on August 23, 2024. Andrew Bliss had acquired the shares from Block.one on July 23, 2024, pursuant to a share buyback.

What Rule 10b5-1 date is listed for the BLSH proposed sale?

The notice lists February 17, 2026, as the date of plan adoption or giving of instruction if relying on Rule 10b5-1.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002043628
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Bullish
SEC File Number	001-42797
Address of Issuer	10A Building A, 60 Nexus Way George Town CAYMAN ISLANDS KY1-9005
Phone	852-3761-9140
Name of Person for Whose Account the Securities are To Be Sold	Bliss Capital Ltd
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Affiliate

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary Shares	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	260000	9968400	150833916	09/21/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	08/23/2024	Transfer	Andrew Bliss, who acquired the shares on 07/23/24 from Block.one pursuant to a share buyback			260000	08/23/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/21/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	02/17/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Bliss Capital Ltd
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)