REALITY CHECK | Europe’s Second-Largest Publicly-Traded Bitcoin Holder Reports ~$80 Million in Losses in H1 2026
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French Bitcoin treasury company, Capital B, has reported a net loss of €69.5 million ($78 million) for the first half of 2026 largely driven by a non-cash impairment charge on its Bitcoin holdings as the company continued expanding its cryptocurrency reserves. #CapitalB reported a $78 million net loss for H1 2026 driven by a $75.8 million Bitcoin impairment charge. The charge reflected $BTC prices on June 30 2026 and had no direct cash impact, highlighting how Bitcoin price movements can weigh on treasury companies’ reported earnings without triggering cash outflows.
Source: BitKE
