Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
60-second summary
Crypto exchange operator's shares surge 10% as Q2 adjusted EBITDA more than triples, reaching a significant milestone, and subscription and services revenue hits a record high, exceeding expectations. This impressive financial performance is likely to boost investor confidence, potentially leading to increased adoption and trading volumes on the platform, benefiting the overall cryptocurrency market.
The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.