Capital B
ALCPB.PAMarket valuation vs the Bitcoin it holds
1.11×
Premium
a 11% premium to Bitcoin NAV
Capital B trades at 1.11× its Bitcoin NAV — you pay $1.11 for every $1 of Bitcoin it holds, a 200.3M USD pile.
Live · last updated
BTC held
3140 BTC
Bitcoin treasury
Bitcoin NAV
200.3M USD
at today's BTC price
Market cap
156.6M USD
Fully diluted
Share price
0.452 EUR
EUR
Last BTC buy
4 BTC
Jun 1, 2026
mNAV over time
Full history · dilutedToday's 1.11× sits in a 52-week range of 0.59× to 4.70×.
mNAV · 52-week range
0.59×–4.70×
0.59×now 1.11×4.70×
About Capital B
Capital B (ALCPB.PA) owns 3140 BTC. At today's price that Bitcoin is worth 200.3M USD. The market caps the whole company at 156.6M USD — 1.11× its Bitcoin. Put plainly: you pay $1.11 for every $1 of Bitcoin it holds, a 11% 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 1.11×. mNAV divides ALCPB.PA's market capitalisation by the value of the Bitcoin it holds, so 1.11× means the market values the company at 1.11× the worth of its Bitcoin treasury (200.3M USD).
- Is Capital B (ALCPB.PA) overvalued versus its Bitcoin?
- At 1.11×, Capital B (ALCPB.PA) trades at a 11% 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×–4.70×.
- How much Bitcoin does Capital B (ALCPB.PA) hold?
- Capital B holds 3140 BTC, worth 200.3M USD at current prices. Its most recent purchase was 4 BTC on Jun 1, 2026.
Related datapoints
Companies with a similar mNAV