Alliance Resource Partners, L.P. (ARLP) — BTC Stacking Curve
Cumulative holdings, every disclosed buy, share price, and the best-fit saturation curve.
Alliance Resource Partners, L.P. holds 618.39 BTC across 6 disclosed purchases. Average cost basis $116,291 per BTC. Last 30 days: 0 BTC. Last 90 days: 26 BTC — 2.02/week. Best fit: Richards (R² 1.00). Curve flattens toward 772.99 BTC, steepest accumulation Jul 2024.
Transaction history
All BTC transactions, most recent first.
| Date | BTC | Spot | USD Cost | Cumulative |
|---|---|---|---|---|
| Mar 31, 2026 | 26 | $68.2K | $1.8M | 618.39 |
| Dec 31, 2025 | 24 | $95.0K | $2.3M | 592.39 |
| Sep 30, 2025 | 27 | $110.0K | $3.0M | 568.39 |
| Jun 30, 2025 | 28.84 | $849.4K | $24.5M | 541.39 |
| Mar 31, 2025 | 30.66 | $706.0K | $21.6M | 512.55 |
| Dec 31, 2024 | 481.89 | $38.9K | $18.7M | 481.89 |
How to read this chart
Cumulative BTC held — the staircase. Each step is a disclosed purchase; the step height is the size of the buy.
Purchase bubbles — one per buy. Bubble size is the BTC count; vertical position is the per-BTC cost basis. Small-and-high is a small buy at a high price; big-and-low is a big buy made cheap.
Share price — the secondary line on the right axis. Did the company stack faster when its equity ran hot?
Regression fit — the best of a Richards and a Gompertz saturation curve, chosen by log-R². It has to flatten: there are only 21 million Bitcoin.
Controls — Linear/Log switches the BTC axis. Play animates the curve forward through disclosure time. ‹ › steps through the cohort by holdings.