Capital B Posts Net Loss of Approximately €69.5 Million in First Half, Mainly Impacted by BTC Impairment

BlockBeats news, October 16 — Bitcoin treasury company Capital B announced its first-half 2026 results, with revenue of €5.846 million, up 3.5% year-over-year; net loss of approximately €69.5 million, compared to a net loss of approximately €1.9 million in the same period last year. The loss was primarily due to an additional impairment of approximately €67.5 million recognized based on the BTC price as of June 30, which has no cash impact.

As of September 30, the company's strategic reserve stood at 3,538 BTC, up 25.3% from January, with a total acquisition cost of €310.6 million, averaging €87,805 per coin. The announcement confirmed that as of October 15, the strategic reserve remained at 3,538 BTC, with an additional 61 BTC held for operations, not included in strategic reserve-related metrics.

The company announced approximately €27.5 million in financing during the first half, and announced approximately €31.7 million in additional financing after the half-year end through the announcement date. As of September 30, the company had €4.6 million in available cash, which together with the BTC held for operations totaled approximately €9.1 million in value.