Capital B
ALCPB.PAMarket valuation vs the Bitcoin it holds
1.14×
Premium
a 14% premium to Bitcoin NAV
Capital B trades at 1.14× its Bitcoin NAV — you pay $1.14 for every $1 of Bitcoin it holds, a 203.1M USD pile.
Live · last updated
BTC held
3,139 BTC
Bitcoin treasury
Bitcoin NAV
203.1M USD
at today's BTC price
Market cap
231.7M USD
Fully diluted
Share price
0.477 EUR
EUR
Last BTC buy
4 BTC
Jun 1, 2026
mNAV over time
Full history · dilutedToday's 1.14× sits in a 52-week range of 0.59× to 2.24×.
mNAV · 52-week range
0.59×–2.24×
0.59×now 1.14×2.24×
About Capital B
Capital B (ALCPB.PA) owns 3,139 BTC. At today's price that Bitcoin is worth 203.1M USD. The market caps the whole company at 231.7M USD — 1.14× its Bitcoin. Put plainly: you pay $1.14 for every $1 of Bitcoin it holds, a 14% premium for everything that isn't the Bitcoin. It bought in at an average of 103.4K USD per coin.
Capital B (ALCPB.PA) mNAV — frequently asked
- What is Capital B (ALCPB.PA)'s mNAV?
- Capital B's mNAV is currently 1.14×. mNAV divides ALCPB.PA's market capitalisation by the value of the Bitcoin it holds, so 1.14× means the market values the company at 1.14× the worth of its Bitcoin treasury (203.1M USD).
- Is Capital B (ALCPB.PA) overvalued versus its Bitcoin?
- At 1.14×, Capital B (ALCPB.PA) trades at a 14% 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 0.59×–2.24×.
- How much Bitcoin does Capital B (ALCPB.PA) hold?
- Capital B holds 3,139 BTC, worth 203.1M USD at current prices. Its most recent purchase was 4 BTC on Jun 1, 2026.
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