French Bitcoin treasury company Capital B reported a net loss of approximately €69.5 million for the first half of 2026, up from €1.86 million in the same period last year. Revenue reached €5.846 million, a 3.5% year-on-year increase. The loss was primarily driven by a non-cash €67.5 million impairment charge related to Bitcoin price declines as of June 30.
As of September 30, Capital B's strategic Bitcoin reserves increased to 3,538 BTC, representing a 25.3% rise from 2,823 BTC held in January 2026. The cumulative acquisition cost stands at approximately €310.6 million, with an average entry price of €87,805 per coin. Year-to-date Bitcoin yield reached 2.2%, while total available cash and operational Bitcoin holdings amounted to €9.1 million.
Capital B Reports €69.5M H1 Loss as Bitcoin Holdings Rise to 3,538 BTC
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