Capital B posts wider H1 net loss of $78 million on bitcoin impairment charge
The company attributed roughly €67.5 million ($75.9 million) of the loss to an additional bitcoin impairment charge.
Capital B, Europe's second-largest Bitcoin treasury, reported a $78 million net loss for the first half of 2026. The company's impairment charge, totaling $75.8 million, stemmed from declining Bitcoin (BTC) prices as of June 30. Despite this significant loss, Capital B managed to raise $30 million in capital and boost its Bitcoin holdings by 11% during the same period, from 2,823 BTC in January to 3,139 BTC by June.
The company's total Bitcoin holdings expanded to 3,538 BTC by September 30, representing a 25% increase from the start of the year. Capital B's total treasury is valued at $290 million, making it the world's 25th-largest corporate Bitcoin treasury and Europe's second-largest. The company's stock price saw a 0.5% increase in early trading on Friday, although it remains down 25% year-to-date.
Capital B recently approved a 10-for-1 reverse stock split to attract more institutional investors and shareholders approved up to $120 billion in financing capacity to support its Bitcoin accumulation strategy.
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- Capital B reports $78M H1 loss driven by Bitcoin impairment charge cointelegraph.com
