Leaderboard / Exchange/Crypto Services / Cayman Islands
Bullish (BLSH) bitcoin per share
Bullish operates crypto market infrastructure, so the bitcoin on its balance sheet is corporate treasury and working capital rather than a leveraged accumulation vehicle. That makes its BTC per share steadier than a treasury pure-play, but also less likely to compound aggressively. Listed on NYSE and based in the Cayman Islands, it holds 23,300 BTC against 151,650,000 shares outstanding, which works out to 15,364.33 satoshis per share. That places it at rank 8 of 81 on the bitcoinps.com leaderboard, firmly in the top tier of per-share bitcoin exposure.
The math
The calculation is deliberately simple: 23,300 BTC (as of August 3, 2026) divided by 151,650,000 basic shares (as of August 3, 2026) gives 0.00015364 BTC per share. Put another way, you would need roughly 6,509 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.
Holdings context
Neither input has shown a strong recent trend, so treat this row as a snapshot: the as-of dates above tell you exactly how fresh each side of the division is.
What would change this number
- New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
- New bitcoin purchases or sales. Any change to the coin count moves the numerator one for one. Purchase announcements lift BTC per share immediately; sales, loans against the position or collateral arrangements cut or complicate it.
Quick reference: at the current figure, roughly 6,509 shares of BLSH represent one full bitcoin.
Sources
Listed on NYSE. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.