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Capital B

ALCPB.PA

Market valuation vs the Bitcoin it holds

0.98×
live
Discount
a 2% discount to Bitcoin NAV

Capital B trades at 0.98× its Bitcoin NAV — you pay 98¢ for every $1 of Bitcoin it holds, a 294.0M USD pile.

Live · last updated

BTC held
3,538 BTC
Bitcoin treasury
Bitcoin NAV
294.0M USD
at today's BTC price
Market cap
287.4M USD
Fully diluted
Share price
5.34 EUR
EUR
Last BTC buy
13 BTC
Sep 28, 2026

mNAV over time

Last 12 months · diluted

Today's 0.98× sits in a 52-week range of 0.60× to 1.11×.

mNAV · 52-week range
0.60×–1.11×
0.60×now 0.98×1.11×

About Capital B

Capital B (ALCPB.PA) owns 3,538 BTC. At today's price that Bitcoin is worth 294.0M USD. The market caps the whole company at 287.4M USD — 0.98× its Bitcoin. Put plainly: you pay 98¢ for every $1 of Bitcoin it holds, a 2% discount to simply owning the coins. It bought in at an average of 100.6K USD per coin.

Company facts

Country
Francesource
Headquarters
Puteaux (Paris La Défense), Francesource
Incorporated
France (société anonyme, RCS Nanterre 504 914 094)source
Listing
Euronext Growth Paris: ALCPBsource
Business
Bitcoin treasury companysource
Fiscal year end
December 31source
Auditor
BCRH et Associés and Grant Thornton (joint statutory auditors)source
Investor relations
IR site ↗source

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

Capital B (ALCPB.PA) mNAV — frequently asked

What is Capital B (ALCPB.PA)'s mNAV?
Capital B's mNAV is currently 0.98×. mNAV divides ALCPB.PA's market capitalisation by the value of the Bitcoin it holds, so 0.98× means the market values the company at 0.98× the worth of its Bitcoin treasury (294.0M USD).
Is Capital B (ALCPB.PA) overvalued versus its Bitcoin?
At 0.98×, Capital B (ALCPB.PA) trades at a 2% discount 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 0.60×–1.11×.
How much Bitcoin does Capital B (ALCPB.PA) hold?
Capital B holds 3,538 BTC, worth 294.0M USD at current prices. Its most recent purchase was 13 BTC on Sep 28, 2026.

Related datapoints