Bullish (BLSH) filings document foreign private issuer current reports and exhibits for an institutionally focused digital asset platform. Form 6-K reports furnish monthly metrics packages, earnings releases, and presentations covering trading volume, average trading spread, Bitcoin and Ethereum volatility measures, operating results, and capital-structure disclosures.
The filings also describe Bullish Exchange, Bullish Europe’s MiCAR-regulated spot trading and custody services, and CoinDesk’s indices, data, media, insights, and events businesses. Disclosure categories include material-event reports, governance matters, material agreements, shareholder voting matters, and financial and operating results.
A holder of BLSH common stock has filed a notice of proposed sale under Rule 144. The filing covers the planned sale of 320,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $10,147,200.00. These ordinary shares were acquired on 05/24/2023 from the issuer through a transaction described as a conversion of Class A and Class B shares of BMC1 in connection with compensation and acquisition of business. The notice also confirms the seller represents having no undisclosed material adverse information about the issuer’s current or prospective operations.
BLSH filed a notice that a shareholder plans to sell up to 125,000 ordinary shares on the NYSE through J.P. Morgan Securities LLC. The shares have an aggregate market value of $3,963,750 and are part of 146,183,739 shares outstanding. The planned sale date is on or about February 13, 2026. The shares were originally acquired from the issuer on May 24, 2023 as compensation, meaning they were granted for services rather than purchased for cash.
Brendan F. Blumer filed Amendment No. 1 to his Schedule 13D on Bullish, reporting beneficial ownership of 39,166,869 Ordinary Shares, or 26.8% of the class. The percentage is based on 146,183,739 Ordinary Shares outstanding as of August 13, 2025, as stated in Bullish’s final prospectus.
Blumer directly holds 39,166,869 Ordinary Shares and is the beneficial holder of 1,976,563 Ordinary Shares through Buttonwood Investments 1, which he controls. Most of these Buttonwood shares (1,968,750) were transferred to optionholders on January 16, 2026 under Call Option Agreements, with the remaining 7,813 expected to be exercised by March 31, 2026.
Buttonwood has not yet received payment for 1,070,313 Call Option Shares, but Blumer, through Buttonwood, disclaims voting and dispositive ownership of those unpaid shares effective January 16, 2026. Blumer states he may increase or decrease his holdings over time, and he continues to serve on Bullish’s Board of Directors, which gives him influence over the company’s corporate activities.
Bullish furnished a Form 6-K to the SEC to share its January 2026 monthly operating metrics. The filing notes that a press release and a separate metrics report for January 2026 are provided as exhibits.
The company explains that these monthly metrics cover trading volume, average trading spread, and volatility measures for Bitcoin and Ethereum on its digital asset platform. Bullish directs investors to its investor relations website for metric definitions and additional details, and highlights that it also uses its website and X account to distribute material company information.
Bullish furnished a Form 6-K to the SEC to share its January 2026 monthly operating metrics. The filing notes that a press release and a separate metrics report for January 2026 are provided as exhibits.
The company explains that these monthly metrics cover trading volume, average trading spread, and volatility measures for Bitcoin and Ethereum on its digital asset platform. Bullish directs investors to its investor relations website for metric definitions and additional details, and highlights that it also uses its website and X account to distribute material company information.
Bullish reported a sharp swing to a statutory loss but stronger underlying performance for Q4 and full year 2025. For Q4 2025, the company posted a net loss of $563,567k versus net income of $158,462k a year earlier, with basic loss per share of $3.73.
For full year 2025, net loss was $785,469k compared with net income of $79,564k in 2024, driven in part by impairment losses on digital assets and fair value movements. On a non-IFRS basis, adjusted revenue rose to $288,455k from $213,912k, while adjusted EBITDA increased to $94,271k from $52,102k, indicating improved operating leverage. Adjusted net income grew to $38,792k from $9,622k. As of December 31, 2025, gross liquid assets were $3,719,681k and net liquid assets were $2,859,701k, both higher than a year earlier.
Bullish reported a sharp swing to a statutory loss but stronger underlying performance for Q4 and full year 2025. For Q4 2025, the company posted a net loss of $563,567k versus net income of $158,462k a year earlier, with basic loss per share of $3.73.
For full year 2025, net loss was $785,469k compared with net income of $79,564k in 2024, driven in part by impairment losses on digital assets and fair value movements. On a non-IFRS basis, adjusted revenue rose to $288,455k from $213,912k, while adjusted EBITDA increased to $94,271k from $52,102k, indicating improved operating leverage. Adjusted net income grew to $38,792k from $9,622k. As of December 31, 2025, gross liquid assets were $3,719,681k and net liquid assets were $2,859,701k, both higher than a year earlier.
Bullish submitted a Form 6-K as a foreign private issuer to provide investors with its December 2025 monthly metrics. The report states that, on January 9, 2026, Bullish issued a press release titled “Bullish releases December 2025 monthly metrics.” A copy of this press release and the associated monthly metrics report for December 2025 are included as exhibits to the Form 6-K.
Bullish (BLSH) submitted a Form 6-K as a foreign private issuer to provide investors with access to its November 2025 operating information. The company furnished a press release titled “Bullish releases November 2025 monthly metrics” dated December 4, 2025, together with a separate monthly metrics report for November 2025 as exhibits to this filing. These documents are intended to share recent performance data beyond regular annual reporting.
Bullish Ltd. submitted a Form 6-K as a foreign private issuer to furnish materials related to its third quarter 2025 performance. The company reports that it issued a press release titled “Bullish Reports Third Quarter 2025 Results” and provided unaudited third quarter 2025 financial statements and an earnings presentation as exhibits to this report. The unaudited condensed consolidated financial statements attached as Exhibit 99.2 are also incorporated by reference into Bullish’s Form S-8 registration statement, meaning they now form part of the disclosure for its equity compensation plan.
Bullish (BLSH): Schedule 13G ownership filing. EFM Asset Management, EFM Group Limited, Pu Luo Chung VC Private Limited (PLCVC), and Jeffrey Gerard Emmanuel reported beneficial ownership of 17,375,638 ordinary shares, representing 11.89% of the class.
The filing lists sole voting and dispositive power over 17,375,638 shares and no shared power. PLCVC directly holds 14,651,315 shares, and three private funds managed by an EFM subsidiary hold 2,135,863, 562,500, and 25,960 shares. The percentage is based on 146,183,739 shares outstanding as of August 13, 2024, as reported in the issuer’s prospectus. The stated event date for this ownership is August 13, 2025.
Bullish submitted a Form 6-K as a foreign private issuer to provide investors with access to its latest operating information. The filing states that on November 6, 2025, the company issued a press release titled “Bullish releases October 2025 monthly metrics.”
The press release and a detailed Monthly Metrics Report for October 2025 are included as exhibits to the submission, giving readers a source for Bullish’s most recent monthly performance data. The report is signed on behalf of the company by its Chief Accounting Officer, Jose A. Torres.