Capital B reports $78 million first-half loss on Bitcoin impairment charge
Image: The BlockCapital B reported a net loss of €69.5 million ($78.1 million) for the first half of 2026, driven by a bitcoin impairment charge of about $75.9 million that had no cash impact. Revenue rose 3.5% year-on-year to $6.5 million. The French treasury firm grew its bitcoin holdings to 3,538 BTC by Sept. 30, up 25.3% from 2,823 BTC in January.
Key points
- The loss was driven mainly by a bitcoin impairment charge that the company said had no cash impact.
- Revenue rose 3.5% year-on-year to $6.5 million.
- The French treasury firm grew its bitcoin holdings to 3,538 BTC by Sept.
Why it matters
The results show a bitcoin treasury company absorbing accounting losses while continuing to accumulate BTC. The impairment had no direct cash impact, but it widened the firm's first-half net loss.
What's unclear
The bitcoin impairment charge is given as $75.8 million in one report and about $75.9 million in the other.
Price context · BTC
At publication
$82,095.00
Now
$81,861.00
Change since
−0.29%
7 days · dashed line = publication
Sources · 2 publishers
The Block
Tier 1
Capital B posts wider H1 net loss of $78 million on bitcoin impairment charge
Coverage timeline
- First reported by Cointelegraph
- Also reported by The Block
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
