Bullish (BLSH) - Net Assets

Net assets on the balance sheet as of December 2025 : S$4.23 Billion

According to Bullish's latest financial reports the company has S$4.23 Billion 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
2025-12-31	$S$4.23 B	29.77%
2024-12-31	$S$3.26 B	92.68%
2023-12-31	$S$1.69 B	-32.91%
2022-12-31	$S$2.52 B	-69.45%
2021-12-31	$S$8.26 B	55.66%
2020-12-31	$S$5.30 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