#BullishIPO The Bullish IPO was a significant event in the cryptocurrency world, marking a major milestone for the company. Here are the key details ¹ ² ³:

- *IPO Date*: The Bullish IPO took place on August 13, 2025, on the New York Stock Exchange (NYSE) under the ticker symbol "BLSH".

- *Pricing*: The IPO was priced at $37 per share, above the initial target range of $32-$33 per share, and later adjusted to $28-$31 per share.

- *Shares Offered*: Bullish issued 30 million shares, raising $1.1 billion and valuing the company at around $13 billion.

- *Valuation*: The company's valuation surged to $13 billion after the IPO, with some estimates ranging from $3.8 billion to $4.2 billion based on the planned issuance of 20.3 million shares.

- *Investor Interest*: Major investment firms like BlackRock and ARK Investment Management expressed interest in buying up to $200 million worth of Bullish shares.

- *Trading Performance*: Bullish stock soared 218% in its NYSE debut, reaching an intraday high of $118.00, and closed at around $68 per share.

- *Company Overview*: Bullish is a cryptocurrency exchange backed by Peter Thiel, operating a hybrid exchange model with a focus on transparency and compliance. The company acquired CoinDesk in 2023 for $72.6 million, expanding its media presence.

The Bullish IPO reflects the growing interest in cryptocurrency-related assets and the increasing institutional appetite for crypto-native companies ².#BTCHashratePeak