Bullish (BLSH) vs TeraWulf (WULF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TeraWulf (WULF) has outperformed Bullish (BLSH) over the past year, gaining 19.0% versus a loss of 51.1%. TeraWulf is the larger company by market cap ($7.19 billion vs $4.83 billion), about 1.5 times the size. Bullish converts more of its revenue into profit, with a net margin of -0.3% versus -392.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BLSH | WULF |
|---|---|---|
| Share price | $31.82 | $14.40 |
| Market cap | $4.83B | $7.19B |
| 1-day change | -4.67% | -3.81% |
| YTD return | -15.98% | +25.33% |
| 1-year return | -51.12% | +19.01% |
| 5-year return | — | -52.08% |
| Forward P/E | 44.82 | — |
| EPS (TTM) | $-9.70 | $-4.43 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $244.81B | $168.46M |
| Revenue growth (YoY) | -2.15% | +20.28% |
| Net income (latest FY) | $-764.68M | $-661.42M |
| Gross margin | 0.03% | 39.21% |
| Operating margin | — | -110.54% |
| Net margin | -0.31% | -392.64% |
| 52-week high | $70.50 | $29.84 |
| 52-week low | $20.55 | $10.47 |
| Distance from 52-week high | -54.87% | -51.74% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +28.28% | +132.50% |
| Average volume | 1.50M | 31.15M |
| Shares outstanding | 151.65M | 498.97M |
| Employees | 394 | 141 |
| Sector | Finance | Finance |
| Industry | Finance: Consumer Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WULF has outperformed BLSH by 70.1 percentage points over the past year.
- Bullish is more profitable, keeping -0.3 cents of every revenue dollar as net income versus -392.6 cents for TeraWulf.
- TeraWulf grew revenue faster in its latest fiscal year (+20.28% vs -2.15%).
About Bullish
BLSH stock →Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity.
Finance · Finance: Consumer Services · 394 employees
About TeraWulf
WULF stock →TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy.
Finance · Finance: Consumer Services · 141 employees
BLSH vs WULF FAQ
Which is bigger, Bullish or TeraWulf?
TeraWulf (WULF) is larger, with a market capitalization of $7.19B compared with $4.83B for Bullish (BLSH).
Which stock has performed better over the past year, BLSH or WULF?
WULF returned +19.01% over the past 12 months, compared with -51.12% for BLSH (price return, excluding dividends). Past performance does not predict future results.
Are Bullish and TeraWulf in the same industry?
Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.