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Alliance Resource Partners (ARLP) Bitcoin Treasury Dashboard

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

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Alliance Resource Partners (ARLP)
🇺🇸
#70
BitcoinQuant
BTC Price
Current price of Bitcoin
$66,924
ARLP BTC Holdings
Bitcoins held on balance sheet
₿539.7
ARLP mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
105.10x
ARLP Stock Price
Latest stock price (in USD)
$26.49
ARLP % from 52W High
Current price gap from 52-week high
-7%
ARLP Enterprise Value
MCap + Debt + Pref - Cash
$3.8B
ARLP Market Cap
Equity market value
$3.4B
ARLP BTC NAV
Current value of BTC = holdings × BTC price
$36.1M
ARLP MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
9419%
ARLP BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.003%
ARLP mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
94.19x
ARLP 1W Return
Feb 20, 2026 ($26.25) → Mar 1, 2026 ($26.49)
+0.91%
ARLP 1M Return
Jan 26, 2026 ($23.83) → Mar 1, 2026 ($26.49)
+11.15%
ARLP 3M Return
Nov 26, 2025 ($23.48) → Mar 1, 2026 ($26.49)
+12.81%
ARLP YTD Return
Dec 31, 2025 ($22.66) → Mar 1, 2026 ($26.49)
+16.89%
ARLP 1Y Return
Feb 27, 2025 ($24.31) → Mar 1, 2026 ($26.49)
+8.98%
ARLP 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+33.04 p.p.
ARLP 52W High
Highest price in the last 52 weeks (in USD)
$28.39
ARLP Basic Shares
Estimated basic shares outstanding
128,428,024
ARLP Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
ARLP Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$6.10M
ARLP Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$14.15M
ARLP Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$465.4M
ARLP Debt/BTC NAV
Debt as a % of BTC NAV
—
ARLP BTC Rating
BTC NAV ÷ Total Debt
—
ARLP Cash
Total cash and cash equivalents
$71.21M
ARLP Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
23.9%
ARLP Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
23.8%
ARLP Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
ARLP Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
ARLP Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
ARLP Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
ARLP 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)
—
ARLP Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
ARLP Short Interest (% Float)
% of tradable shares sold short
—
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About Alliance Resource Partners's Bitcoin Treasury Strategy

Alliance Resource Partners (ARLP) ranks #70 globally among Bitcoin treasury companies, with 539.7 Bitcoin in its corporate treasury worth approximately $36.12M at current prices. This represents 0.003% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $26.49 per share with a market capitalization of $3.40B, Alliance Resource Partners's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 105.10x. Bitcoin holdings represent 1% of the company's market cap, underscoring Bitcoin's central role in Alliance Resource Partners's balance sheet strategy.

Recent stock performance shows +0.91% over the past week, +11.15% over the past month, +16.89% year-to-date, and +8.98% over the past year. Alliance Resource Partners currently trades -6.69% from its 52-week high. The stock averages $14.15M in daily trading volume over the past 30 days, with 30-day volatility at 23.9%.

Alliance Resource Partners's Bitcoin treasury strategy is led by Joseph W. Craft III (CEO).

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Bitcoin Preferred Equity

Preferred Equity Dashboard (STRC, STRD, STRF, STRK, SATA)

Alliance Resource Partners, L.P. (ARLP) Bitcoin Treasury Detailed Analysis

Bitcoin Exposure & Holdings

Alliance Resource Partners, L.P. (ARLP) currently holds 540 Bitcoin in its corporate treasury. This represents 0.003% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $68,012.00, Alliance Resource Partners, L.P.'s Bitcoin holdings are worth approximately $36.71 million, which represents the company's Bitcoin NAV (Net Asset Value).

Alliance Resource Partners, L.P.'s total cost basis for its Bitcoin holdings is $44.50 million, putting the company at a -17.52% unrealized loss on its Bitcoin position.

Alliance Resource Partners, L.P. held 481 Bitcoin on January 1st, 2024. Since then, Alliance Resource Partners, L.P. has been acquiring an average of 0.14 BTC per day, representing +12.20% growth in Bitcoin holdings since then.

Valuation Metrics & Market Capitalization

Alliance Resource Partners, L.P. (ARLP) stock price currently trades at $26.57 per share.

With a market capitalization of $3.41 billion, Alliance Resource Partners, L.P. ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Alliance Resource Partners, L.P.'s mNAV is 103.70x, meaning the market values the company's total capital structure at 103.70x times its underlying Bitcoin holdings.

On a Market Cap basis, Alliance Resource Partners, L.P.'s mNAV is 92.96x relative to Bitcoin NAV.

Bitcoin holdings represent 1.1% of Alliance Resource Partners, L.P.'s total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Alliance Resource Partners, L.P.'s Enterprise Value is $3.81 billion, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Alliance Resource Partners, L.P. has total outstanding debt of $465.37 million, representing a debt-to-Bitcoin NAV ratio of 12.68x.

The BTC Rating for Alliance Resource Partners, L.P. is 0.08x (Bitcoin NAV ÷ Total Debt), indicating 0.08x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Alliance Resource Partners, L.P. holds $71.21 million.

Alliance Resource Partners, L.P. reported total revenue of $2.19 billion and operating cash flow of $651.14 million.

Trading Volume & Risk Metrics

In the most recent trading session, ARLP recorded $5.44 million in dollar volume.

Over the past 30 days, ARLP has averaged $14.05 million in daily trading volume.

Alliance Resource Partners, L.P.'s 30-day historical volatility is 23.8%.

Over the past calendar year, ARLP's historical volatility is 23.8%.

Alliance Resource Partners, L.P.'s beta is 0.29x.

Short interest for ARLP represents 1.3% of tradable shares.

Alliance Resource Partners, L.P.'s 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is -1.7%, measuring how closely the stock tracks spot Bitcoin exposure.

ARLP currently trades -6.41% from its 52-week high.

Options Market & Trading Activity

Implied volatility from the options market for ARLP is 29.6%.

Total open interest for ARLP options is $86.60 million. Put open interest totals $26.11 million and call open interest totals $60.49 million.

The put-to-call ratio for Alliance Resource Partners, L.P. is 0.43x.

Weighted by open interest, the average duration for ARLP options is 92.5 days to expiration.

Bitcoin Strategy Leadership

Alliance Resource Partners, L.P.'s Bitcoin treasury strategy is led by Joseph W. Craft III (CEO).

Alliance Resource Partners, L.P. Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Alliance Resource Partners, L.P. 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 Alliance Resource Partners, L.P.'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 Alliance Resource Partners, L.P.'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: 02/27/2026, 4:35 AM ET

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