Alliance Resource Partners, L.P.

Company facts

Country

USAsource

Headquarters

Tulsa, Oklahomasource

Incorporated

Delaware (limited partnership)source

Business

Diversified natural resources: coal, oil & gas royalties (bitcoin mining sub)source

Fiscal year end

December 31source

Auditor

Grant Thornton LLP (Tulsa, Oklahoma)source

Website

arlp.com ↗source

Investor relations

IR site ↗source

Each fact links to the filing or official page it was taken from.

Alliance Resource Partners, L.P. (ARLP) mNAV — frequently asked

What is Alliance Resource Partners, L.P. (ARLP)'s mNAV?

Alliance Resource Partners, L.P.'s mNAV is currently 71.58×. mNAV divides ARLP's market capitalisation by the value of the Bitcoin it holds, so 71.58× means the market values the company at 71.58× the worth of its Bitcoin treasury (47.3M USD).

Is Alliance Resource Partners, L.P. (ARLP) overvalued versus its Bitcoin?

At 71.58×, Alliance Resource Partners, L.P. (ARLP) trades at a 7058% 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 51.75×–95.44×.

How much Bitcoin does Alliance Resource Partners, L.P. (ARLP) hold?

Alliance Resource Partners, L.P. holds 618 BTC, worth 47.3M USD at current prices. Its most recent purchase was 26 BTC on Mar 31, 2026.