Bullish (BLSH) Soars 16.76% as ARK Invest Boosts Stake

Core Insights - Bullish (NYSE:BLSH) experienced a significant increase of 16.76% on Monday, closing at $32.05, following an investment firm's acquisition of a substantial stake in the company [1][6] Group 1: Investment Activity - ARK Invest, led by Cathie Wood, purchased $17.8 million worth of Bullish shares, distributing the acquisitions across multiple ARK ETFs [2] Group 2: Financial Performance - Bullish reported a net loss of $785 million for the full year 2025, a stark contrast to a net income of $79.56 million in the previous year [3] - In Q4 alone, Bullish incurred a net loss of $563 million, reversing a net income of $158.46 million from the same quarter the previous year [3] - Digital asset sales for the full year decreased by 2% to $244.8 billion from $250 billion, while Q4 digital asset sales amounted to $64 billion, down from $66 billion year-on-year [3][4] Group 3: Future Outlook - For the full year 2026, Bullish aims to generate between $220 million and $250 million in subscription, services, and other revenues [5] - CEO Tom Farley expressed optimism about the digital assets industry, highlighting a turning point for the sector and the potential for Bullish [4]