Key facts
- Capital B reported a $78 million net loss for the first half of 2026.
- A $75.8 million Bitcoin impairment charge drove the loss.
- The company raised $30 million and increased Bitcoin holdings by 11% in H1 2026.
- Total Bitcoin holdings reached 3,538 by Sept. 30.
- Capital B's stock price is down 25% year-to-date.
France-listed Bitcoin treasury company Capital B reported a net loss of 69.5 million euro ($78 million) for the first half of 2026, primarily driven by a $75.8 million Bitcoin impairment charge. The impairment reflects Bitcoin prices as of June 30 and had no direct cash impact, according to the company's report. Despite the accounting losses, Capital B raised $30 million in capital and increased its Bitcoin holdings by 11% during the first half of the year. Its total holdings reached 3,538 Bitcoin by Sept. 30, a 25% increase from the start of the year. The company's treasury is valued at $290 million, ranking it as Europe's second-largest corporate Bitcoin treasury. Capital B's stock price was down 25% year-to-date.