BTC $62,926.52 -1.35%
ETH $1,872.46 -1.19%
BNB $607.34 -0.95%
XRP $1.00 -0.91%
SOL $75.54 -1.08%
TRX $0.3338 -0.87%
DOGE $0.0696 -1.29%
ADA $0.1815 -1.88%
BCH $205.58 -4.50%
LINK $8.76 +0.09%
HYPE $56.39 -1.63%
AAVE $87.10 -2.32%
SUI $0.6778 -1.70%
XLM $0.1587 -1.58%
ZEC $485.24 -2.00%
BTC $62,926.52 -1.35%
ETH $1,872.46 -1.19%
BNB $607.34 -0.95%
XRP $1.00 -0.91%
SOL $75.54 -1.08%
TRX $0.3338 -0.87%
DOGE $0.0696 -1.29%
ADA $0.1815 -1.88%
BCH $205.58 -4.50%
LINK $8.76 +0.09%
HYPE $56.39 -1.63%
AAVE $87.10 -2.32%
SUI $0.6778 -1.70%
XLM $0.1587 -1.58%
ZEC $485.24 -2.00%

loss

All
Article
Flash

Bullish Q2 financial report: Net loss of 280 million USD, digital asset trading volume of 32.6 billion USD

According to GlobeNewswire, the cryptocurrency asset trading platform Bullish announced its financial performance for the second quarter of 2026. The company stated that as the global securities market gradually migrates to public chains, Bullish is planning to build a complete issuer-supported tokenized securities service system around issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, which is nearly $300 trillion in scale, is turning to public blockchains, and Bullish hopes to collaborate with issuers to drive this process. Once the proposed acquisition of Equiniti is completed, the company will form an integrated platform covering securities token issuance, listing, trading, and tracking.Financial data shows that Bullish's digital asset sales in the second quarter amounted to $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance has improved. Adjusted revenue (non-IFRS) for the second quarter reached $92.6 million, a year-on-year increase of 62%, higher than $57 million in the same period last year; among them, subscription, service, and other revenues reached a record $62.7 million. Adjusted trading revenue was $29.9 million, a year-on-year increase of 24%; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of the UK fintech company Equiniti is progressing and is expected to be completed in early 2027, still subject to regulatory approvals and other customary conditions. In addition, Bullish's CoinDesk Index continues to gain institutional adoption. Morgan Stanley launched Bitcoin, Ethereum, and Solana-related trading products based on the CoinDesk benchmark index, attracting over $400 million in inflows in the second quarter.In terms of regulation, Bullish has obtained approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year guidance for 2026, expecting subscription, service, and other revenues (non-IFRS) to be between $225 million and $245 million, adjusted operating expenses to be between $225 million and $230 million, and financing costs to be expected between $52 million and $60 million.

Strategy plans to restore holdings, Trump Media discloses Q2 positions and unrealized losses

According to BBX data, yesterday global listed companies disclosed the latest developments in their cryptocurrency asset management and future buying plans, with the core information as follows:Strategy plans to resume buying Bitcoin within the year: Phong Le, CEO of Nasdaq-listed company Strategy, recently stated in an interview with Fox News that as the strategic plan progresses, Strategy will resume buying more Bitcoin in the secondary market for the remainder of this year, sending a clear signal of increased holdings.Trump Media holds 9,477 BTC in Q2, with a loss of $360 million in the first half of the year: The latest financial data disclosed by Trump Media shows that as of the end of the second quarter of 2026, the company held a total of 9,477.16 Bitcoins, a decrease of 65 from the end of the first quarter, with a current fair value of approximately $557.1 million. Due to the decline in cryptocurrency prices, the company's related financial losses in the first half of the year reached $360.6 million. Additionally, during the same period, the amount of approximately 756.1 million CRO held remained unchanged, but its fair value shrank from $6.8 million at the end of 2025 to $4.06 million.OranjeBTC steadily increases holdings, total holdings approach 4,000: Brazilian listed Bitcoin treasury company OranjeBTC announced an additional purchase of 2 Bitcoins. After this adjustment, the company's total Bitcoin holdings have risen to 3,950.
app_icon
ChainCatcher Building the Web3 world with innovations.