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Capital B (ALCPB.PA) Bitcoin Treasury Dashboard

Track ALCPB.PA BTC holdings, mNAV, volume, volatility, price, and treasury analytics.

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Capital B (ALCPB.PA)
🇫🇷
#29
BitcoinQuant
BTC Price
Current price of Bitcoin
$66,770
ALCPB.PA BTC Holdings
Bitcoins held on balance sheet
2,818
ALCPB.PA mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
1.71x
ALCPB.PA Stock Price
Latest stock price (in USD)
$0.76
ALCPB.PA % from 52W High
Current price gap from 52-week high
-89%
ALCPB.PA Enterprise Value
MCap + Debt + Pref - Cash
$321.4M
ALCPB.PA Market Cap
Equity market value
$173.4M
ALCPB.PA BTC NAV
Current value of BTC = holdings × BTC price
$188.2M
ALCPB.PA MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
92%
ALCPB.PA BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.013%
ALCPB.PA mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.92x
ALCPB.PA 1W Return
Feb 23, 2026 (€0.60) → Mar 1, 2026 (€0.64)
+6.45%
ALCPB.PA 1M Return
Jan 26, 2026 (€0.77) → Mar 1, 2026 (€0.64)
-16.25%
ALCPB.PA 3M Return
Nov 26, 2025 (€0.82) → Mar 1, 2026 (€0.64)
-21.46%
ALCPB.PA YTD Return
Dec 31, 2025 (€0.75) → Mar 1, 2026 (€0.64)
-14.48%
ALCPB.PA 1Y Return
Feb 27, 2025 (€0.32) → Mar 1, 2026 (€0.64)
+104.12%
ALCPB.PA 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+128.19 p.p.
ALCPB.PA 52W High
Highest price in the last 52 weeks (in USD)
$7.04
ALCPB.PA Basic Shares
Estimated basic shares outstanding
227,983,687
ALCPB.PA Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
ALCPB.PA Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$1.09M
ALCPB.PA Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$1.54M
ALCPB.PA Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$149.9M
ALCPB.PA Debt/BTC NAV
Debt as a % of BTC NAV
ALCPB.PA BTC Rating
BTC NAV ÷ Total Debt
ALCPB.PA Cash
Total cash and cash equivalents
$1.81M
ALCPB.PA Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
74.9%
ALCPB.PA Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
126.4%
ALCPB.PA Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
ALCPB.PA Open Interest
Outstanding open interest contracts × 100 shares × live share price
ALCPB.PA Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
ALCPB.PA Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
ALCPB.PA Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
ALCPB.PA Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
ALCPB.PA Short Interest (% Float)
% of tradable shares sold short
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Capital B Bitcoin Purchases

About Capital B's Bitcoin Treasury Strategy

Capital B (ALCPB.PA) ranks #29 globally among Bitcoin treasury companies, with 2,818 Bitcoin in its corporate treasury worth approximately $188.16M at current prices. This represents 0.013% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $0.76 per share with a market capitalization of $173.36M, Capital B's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 1.71x. Bitcoin holdings represent 109% of the company's market cap, underscoring Bitcoin's central role in Capital B's balance sheet strategy.

The most recent purchase was 5 BTC on November 25, 2025.

Recent stock performance shows +6.45% over the past week, -16.25% over the past month, -14.48% year-to-date, and +104.12% over the past year. Capital B currently trades -89.19% from its 52-week high. The stock averages $1.54M in daily trading volume over the past 30 days, with 30-day volatility at 74.9%.

Capital B's Bitcoin treasury strategy is led by Alexandre Laizet (Director of Bitcoin Strategy).

The Blockchain Group (ALCPB.PA) Bitcoin Treasury Detailed Analysis

Bitcoin Exposure & Holdings

The Blockchain Group (ALCPB.PA) currently holds 2,818 Bitcoin in its corporate treasury. This represents 0.013% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $66,661.00, The Blockchain Group's Bitcoin holdings are worth approximately $187.85 million, which represents the company's Bitcoin NAV (Net Asset Value).

The Blockchain Group's total cost basis for its Bitcoin holdings is $306.53 million, putting the company at a -38.72% unrealized loss on its Bitcoin position.

The Blockchain Group held 40 Bitcoin on January 1st, 2024. Since then, The Blockchain Group has been acquiring an average of 6.54 BTC per day, representing +6945.00% growth in Bitcoin holdings since then.

Valuation Metrics & Market Capitalization

The Blockchain Group (ALCPB.PA) stock price currently trades at $0.76 per share.

With a market capitalization of $173.36 million, The Blockchain Group ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, The Blockchain Group's mNAV is 1.71x, meaning the market values the company's total capital structure at 1.71x times its underlying Bitcoin holdings.

On a Market Cap basis, The Blockchain Group's mNAV is 0.92x relative to Bitcoin NAV.

Bitcoin holdings represent 108.4% of The Blockchain Group's total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

The Blockchain Group's Enterprise Value is $321.44 million, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

The Blockchain Group has total outstanding debt of $149.88 million, representing a debt-to-Bitcoin NAV ratio of 0.80x.

The BTC Rating for The Blockchain Group is 1.25x (Bitcoin NAV ÷ Total Debt), indicating 1.25x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, The Blockchain Group holds $1.81 million.

The Blockchain Group reported total revenue of $16.91 million and operating cash flow of $-2,383,988.66.

Trading Volume & Risk Metrics

In the most recent trading session, ALCPB.PA recorded $1.09 million in dollar volume.

Over the past 30 days, ALCPB.PA has averaged $1.54 million in daily trading volume.

The Blockchain Group's 30-day historical volatility is 74.9%.

Over the past calendar year, ALCPB.PA's historical volatility is 126.4%.

The Blockchain Group's beta is 2.26x.

The Blockchain Group's 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is -13.0%, measuring how closely the stock tracks spot Bitcoin exposure.

ALCPB.PA currently trades -89.19% from its 52-week high.

Bitcoin Strategy Leadership

The Blockchain Group's Bitcoin treasury strategy is led by Alexandre Laizet (Director of Bitcoin Strategy).

Recent Bitcoin Purchases

The most recent Bitcoin purchase by The Blockchain Group was on November 25, 2025, acquiring 5 Bitcoin.

Previous purchases by The Blockchain Group include: 6 BTC on October 20, 2025, 12 BTC on September 29, 2025, 551 BTC on September 22, 2025, 48 BTC on September 15, 2025.

The Blockchain Group Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive The Blockchain Group Bitcoin treasury chart above provides a comprehensive visualization of the company's Bitcoin treasury performance over time, allowing investors to track BTC holdings, acquisition rates, and valuation metrics.

All of the data on this page — including The Blockchain Group's Bitcoin NAV, mNAV, BTC Rating, cost basis, and options activity — is calculated in real time and updated continuously on BitcoinQuant. By analyzing these treasury metrics alongside historical acquisition data and market performance, investors can gain insights into The Blockchain Group's Bitcoin accumulation strategy and compare it against other Bitcoin treasury companies tracked across the BitcoinQuant platform.

BitcoinQuant tracks the full universe of public companies holding Bitcoin, providing real-time analytics on holdings, valuations, financial health, trading activity, and risk metrics across every Bitcoin treasury stock in the market.

Data as of: 03/01/2026, 10:24 PM ET