Bullish Joins Midnight Alliance As Shares Show Strong Recent Momentum

Simply Wall St.03-20

Bullish (NYSE:BLSH) has joined Midnight Foundation's node operator alliance, supporting the rollout of the Kūkolu blockchain network. The company will act as a federated node operator for the upcoming...

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The company will act as a federated node operator for the upcoming...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nyse-blsh/bullish/news/bullish-joins-midnight-alliance-as-shares-show-strong-recent\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bullish Joins Midnight Alliance As Shares Show Strong Recent Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBullish Joins Midnight Alliance As Shares Show Strong Recent Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-20 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/diversified-financials/nyse-blsh/bullish/news/bullish-joins-midnight-alliance-as-shares-show-strong-recent><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bullish (NYSE:BLSH) has joined Midnight Foundation's node operator alliance, supporting the rollout of the Kūkolu blockchain network. The company will act as a federated node operator for the upcoming...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nyse-blsh/bullish/news/bullish-joins-midnight-alliance-as-shares-show-strong-recent\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLSH","symbol_name":"Bullish","start_time":0,"source_url":"https://simplywall.st/stocks/us/diversified-financials/nyse-blsh/bullish/news/bullish-joins-midnight-alliance-as-shares-show-strong-recent","article_id":"2620389987","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/1033402-choice1-main-header/1585186735944"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/diversified-financials/nyse-blsh/bullish/news/bullish-joins-midnight-alliance-as-shares-show-strong-recent","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2620389987","pubTimestamp":1774004747,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Bullish (NYSE:BLSH) has joined Midnight Foundation's node operator alliance, supporting the rollout of the Kūkolu blockchain network.\nThe company will act as a federated node operator for the upcoming privacy focused mainnet alongside partners such as Worldpay.\nThe collaboration positions Bullish within the early governance and technical operation of the new blockchain ecosystem.\n\nBullish enters this alliance with its shares at $39.6 and recent returns of 9.3% over the past week and 23.8%...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BLSH":"Bullish","BLSG":"2倍做多BLSH ETF-Leverage Shares","BK4112":"金融交易所和数据","BLSX":"Tradr 2X Long BLSH Daily ETF"},"translate_title":"随着股价近期表现出强劲势头，看涨加入午夜联盟","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLSH":1.98,"BLSX":0.6,"BLSG":0.6},"content_text":"Bullish (NYSE:BLSH) has joined Midnight Foundation's node operator alliance, supporting the rollout of the Kūkolu blockchain network. The company will act as a federated node operator for the upcoming privacy focused mainnet alongside partners such as Worldpay. The collaboration positions Bullish within the early governance and technical operation of the new blockchain ecosystem.  Bullish enters this alliance with its shares at $39.6 and recent returns of 9.3% over the past week and 23.8% over the past month. For readers tracking NYSE:BLSH, this move adds a fresh piece of company specific news that sits alongside the recent share price performance and offers more context around how Bullish is positioning itself in blockchain infrastructure. By helping to operate nodes for the Kūkolu mainnet, Bullish is participating in the early stages of a privacy focused blockchain network that targets institutional grade use cases. Its role in governance and network function, together with a payments company such as Worldpay, may be worth following if you are interested in how established institutions engage with blockchain infrastructure. Stay updated on the most important news stories for Bullish by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Bullish. NYSE:BLSH Earnings & Revenue Growth as at Mar 2026 We've flagged 0 risks for Bullish. See which could impact your investment. AdvertisementQuick Assessment  ⚖️ Price vs Analyst Target: At $39.60, Bullish trades about 13% below the $45.40 analyst target, so the price sits in the lower half of the consensus range. ⚖️ Simply Wall St Valuation: With DCF data unavailable, the valuation status is unknown, so treat the current multiple of a negative P/E with caution. ✅ Recent Momentum: A 23.8% 30 day return indicates strong short term momentum around the shares.  The timing of any decision to buy, sell or hold Bullish depends on your own analysis and objectives. For more detail, visit Simply Wall St's\ncompany report for the latest view on Bullish's fair value. Key Considerations  📊 Joining Midnight Foundation's node operator alliance links Bullish more closely to blockchain infrastructure, which may influence how investors view its role in digital assets. 📊 Monitor the progress of the Kūkolu mainnet, any revenue disclosures tied to node operations, and any changes in analyst targets from the current $45.40 reference point. ⚠️ With no flagged company specific risks in the dataset, the main focus is execution risk around a new privacy focused blockchain that has limited operating history.  Dig Deeper For a broader view, including additional risks and potential rewards, see the\ncomplete Bullish analysis. You can also visit the\ncommunity page for Bullish to review how other investors interpret this news in the context of the company's overall story.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if Bullish might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. 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