Bullish announced its first-quarter results for 2026, with adjusted revenue of $92.8 million

According to CoinDesk, the crypto platform Bullish (BLSH) announced its performance for the first quarter of 2026, with adjusted revenue of $92.8 million, below analysts' expectations of $94.9 million; adjusted EBITDA was $35.1 million, also below the expected $38 million; the net loss reached $604.9 million, equivalent to a loss of $3.85 per share, with the loss widening compared to the same period last year. Due to sluggish digital asset trading activity, BLSH's stock price fell by 7.9% in pre-market trading, reporting at $38.51.