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Peter Thiel-Backed Crypto Platform Bullish Swings to a Profit; Stock Surges
Yahoo Financeยท 2025-09-18 15:25
Michael M. Santiago / Getty Images Bullish shares began trading on the New York Stock Exchange on August 13. Key Takeaways Bullish reported a second-quarter profit as sales and trading volume increased. The cryptocurrency platform backed by billionaire Peter Thiel reported net income of $108 million, compared with a loss of $116 million in the year-ago period. Shares of Bullish, which carried out its initial public offering last month, rose more than 10% on Thursday morning. Shares of Bullish (BLS ...