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Peter Thiel-backed company stock surges despite $280 million loss
TheStreet2d agobullish
Peter Thiel-backed company stock surges despite $280 million loss

Peter Thiel-backed crypto exchange Bullish reported a $280 million net loss for the second quarter of 2026, reversing a $108.3 million profit in the same period a year earlier. Despite the loss, investors sent Bullish shares sharply higher after the market opened on Thursday. The stock was up 11.7% ...

Major crypto stock surges after BlackRock investment
TheStreet96d agobullish
Major crypto stock surges after BlackRock investment

On May 11, Circle Internet Group (NYSE: CRCL), the crypto company popular for its USDC stablecoin offering, announced a raise of $222 million from leading investors like BlackRock (NYSE: BLK), Bullish (NYSE: BLSH), Cathie Wood's ARK Invest, a16z Crypto, Intercontinental Exchange ...