Capital B posts €69.5M net loss in H1 2026 as revenue rises 3.5%

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A €67.5 million non-cash Bitcoin impairment drove the loss, while the Paris-listed treasury company's consulting arm kept growing Capital B, the Paris-listed firm that calls itself Europe’s first dedicated Bitcoin Treasury Company, reported a net loss of €69.5 million for the first half of 2026. A year earlier, the same period produced a €1.9 million loss. The company, which trades on Euronext Growth in Paris under the ticker ALCPB, published its half-year results on October 15. The headline loss was driven mainly by a €67.5 million impairment charge tied to its Bitcoin holdings, an accounting entry that involved no actual cash outflow. Strip out that €67.5 million charge and the picture looks very different. The underlying business held up.
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