Capital B's strategy highlights the risks of crypto volatility and the financial strain of maintaining a Bitcoin treasury amid rising costs.
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Capital B reported a net loss of EUR 69.5 million in the first half of 2026, explained mainly by a non-monetary accounting deterioration of its Bitcoin holdings. Its revenues grew 3.5% and its strategic reserve reached 3,538 BTC.
The semi-annual results of Capital B show a net loss of €69.5 million, generated above all by a devaluation of bitcoin that did not involve cash outs. Key points The revenues of the semester have grown by 3.5%, up to €5.8 million. Adjusted EBITDA of the group is negative for 1,1 million [...]