French bitcoin treasury firm Capital B reported a net loss of 69.5 million euros ($78.1 million) for the first half of the year, compared with 1.9 million euros ($2.1 million) in the same period last year. The wider loss was primarily driven by an additional bitcoin impairment charge of 67.5 million euros ($75.9 million), based on bitcoin’s price as of June 30. Revenue rose 3.5% year-on-year to 5.8 million euros ($6.5 million). As of September 30, the company held 3,538 BTC, up 25.3% from 2,823 BTC in January, with a total acquisition cost of 310.6 million euros ($349.4 million).
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