Nov. 14 at 8:02 PM
$BLSH $GEMI Bullish (BLSH) reported a larger loss than Gemini in their most recent comparable quarter. For Q1 2025, Bullish posted a net loss of
$348.6 million, while Gemini, in its IPO filing, reported a net loss of approximately
$282 million for the same period. For Q2 2025, Bullish returned to profitability, but its previous quarterly loss remained significantly higher than Gemini’s.