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Capital B lost $78M in H1, yet its Bitcoin holdings grew 11%

2026-10-16

Capital B is a Bitcoin treasury company listed in France and the second-largest in Europe. For the first half of 2026 it reported a net loss of 69.5 million euros, or $78 million. Cointelegraph reported the results on Oct 16, 2026.

Most of the loss came from one item. Capital B booked a Bitcoin impairment charge of $75.8 million, which accounts for almost all of the $78 million net loss.

In the same six months, the company raised $30 million and increased its Bitcoin holdings by 11%. So its reported loss and its Bitcoin position moved in opposite directions over the same period.

The article does not give the total number of bitcoin Capital B holds or say how the $30 million was raised. It also does not say how the company performed outside the impairment charge. Those details are not yet known from this report.

For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report covers a past accounting period at one company, and nothing in it touches funding rates, trading fees or liquidity on those exchanges.

Source: cointelegraph — Capital B reports $78M H1 loss driven by Bitcoin impairment charge

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