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Alliance Resource Partners, L.P.

ARLP

Market valuation vs the Bitcoin it holds

76.70×
Premium
a 7570% premium to Bitcoin NAV

Alliance Resource Partners, L.P. trades at 76.70× its Bitcoin NAV — you pay $76.70 for every $1 of Bitcoin it holds, a 39.5M USD pile.

Live · last updated

BTC held
618 BTC
Bitcoin treasury
Bitcoin NAV
39.5M USD
at today's BTC price
Market cap
3.03B USD
Fully diluted
Share price
23.5 USD
USD
Last BTC buy
26 BTC
Mar 31, 2026

mNAV over time

Full history · diluted

Today's 76.70× sits in a 52-week range of 45.72× to 95.44×.

mNAV · 52-week range
45.72×–95.44×
45.72×now 76.70×95.44×

About Alliance Resource Partners, L.P.

Alliance Resource Partners, L.P. (ARLP) owns 618 BTC. At today's price that Bitcoin is worth 39.5M USD. The market caps the whole company at 3.03B USD 76.70× its Bitcoin. Put plainly: you pay $76.70 for every $1 of Bitcoin it holds, a 7570% premium for everything that isn't the Bitcoin. It bought in at an average of 116.3K USD per coin.

Alliance Resource Partners, L.P. (ARLP) mNAV — frequently asked

What is Alliance Resource Partners, L.P. (ARLP)'s mNAV?
Alliance Resource Partners, L.P.'s mNAV is currently 76.70×. mNAV divides ARLP's market capitalisation by the value of the Bitcoin it holds, so 76.70× means the market values the company at 76.70× the worth of its Bitcoin treasury (39.5M USD).
Is Alliance Resource Partners, L.P. (ARLP) overvalued versus its Bitcoin?
At 76.70×, Alliance Resource Partners, L.P. (ARLP) trades at a 7570% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 45.72×–95.44×.
How much Bitcoin does Alliance Resource Partners, L.P. (ARLP) hold?
Alliance Resource Partners, L.P. holds 618 BTC, worth 39.5M USD at current prices. Its most recent purchase was 26 BTC on Mar 31, 2026.

Related datapoints