qwant news | Peter Thiel-Backed Crypto Platform Bullish Climbs 4.16% — But Cathie Wood Is Trimming Her Stake - Bullish (NYSE:BLSH) by undefined
Bullish, the digital‑asset platform backed by Peter Thiel, released its fourth‑quarter 2025 results on 5 February 2025. The company posted adjusted revenue of **$92.5 million** and adjusted EBITDA of **$44.5 million**, both up year‑over‑year, while its net loss widened to **$563.6 million**. Adjusted net income improved to **$28.9 million** despite a modest decline in digital‑asset sales, which fell to **$64.3 billion**. For 2026, Bullish forecasts subscription, services and other revenue of **$220 million–$250 million**, with adjusted operating expenses expected to run between **$210 million and $230 million**.
On Monday, Cathie Wood’s Ark Invest trimmed its position in Bullish, executing sales through its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). ARKK sold **31,154 shares** and ARKW off‑loaded **8,208 shares**, amounting to roughly **$1.57 million** in total value based on Bullish’s closing price of $39.55. The divestment coincided with Bullish’s stock rising **4.16 %** that day, a move noted by Benzinga’s market‑tracking tools.
Other notable activity included purchases of 10X Genomics (TXG) by ARKG (14,380 shares) and ARKK (84,342 shares). Benzinga’s Edge Stock Rankings flagged Bullish as having a positive short‑ and medium‑term price trend. The story, compiled by Benzinga Neuro and edited by Shivdeep Dhaliwal, is provided for informational purposes only and does not constitute investment advice.
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