Capital B reports $78M H1 loss driven by Bitcoin impairment charge
Summary
Capital B reported a first-half 2026 net loss of €69.5 million, largely due to a $75.8 million non-cash Bitcoin impairment. Revenue rose 3.5% year over year to $6.5 million, while adjusted EBITDA was negative $1.2 million. The France-listed firm raised $30 million and expanded its holdings from 2,823 BTC in January to 3,139 BTC at June-end; holdings reached 3,538 BTC by September 30. It also has shareholder approval for up to $120 billion in financing to support its Bitcoin accumulation strategy.
