Capital B reports $78M H1 loss driven by Bitcoin impairment charge
Europe’s second-largest Bitcoin treasury raised $30 million and increased its Bitcoin holdings by 11% in the first half of 2026, despite reporting a $75 million Bitcoin impairment loss.
Capital B, Europe's second-largest Bitcoin treasury company, reported a $78 million loss for the first half of 2026, driven largely by a $75 million Bitcoin impairment charge. Despite the loss, the firm raised $30 million and grew its Bitcoin holdings by 11% during the period. The impairment reflects accounting markdowns on BTC holdings rather than realized sales, but the headline loss highlights how treasury companies' earnings remain highly sensitive to Bitcoin price swings, a risk traders monitor for signs of forced selling or weakened corporate demand.