Bullish (BLSH) - Net Assets

Net assets on the balance sheet as of September 2025 : $3.97 Billion USD

According to Bullish's latest financial reports the company has $3.97 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bullish - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$$2.40 B	87.22%
2023-12-31	$$1.28 B	-31.9%
2022-12-31	$$1.88 B	-69.19%
2021-12-31	$$6.11 B	52.32%
2020-12-31	$$4.01 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Bullish (BLSH) - Net assets