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Capital B

ALCPB.PA

Market valuation vs the Bitcoin it holds

1.11×
Premium
a 11% premium to Bitcoin NAV

Capital B trades at 1.11× its Bitcoin NAV — you pay $1.11 for every $1 of Bitcoin it holds, a 200.7M USD pile.

Live · last updated

BTC held
3140 BTC
Bitcoin treasury
Bitcoin NAV
200.7M USD
at today's BTC price
Market cap
156.6M USD
Fully diluted
Share price
0.452 EUR
EUR
Last BTC buy
4 BTC
Jun 1, 2026

mNAV over time

Full history · diluted

Today's 1.11× sits in a 52-week range of 0.59× to 4.70×.

mNAV · 52-week range
0.59×–4.70×
0.59×now 1.11×4.70×

About Capital B

Capital B (ALCPB.PA) owns 3140 BTC. At today's price that Bitcoin is worth 200.7M USD. The market caps the whole company at 156.6M USD 1.11× its Bitcoin. Put plainly: you pay $1.11 for every $1 of Bitcoin it holds, a 11% premium for everything that isn't the Bitcoin. It bought in at an average of 103.4K USD per coin.

Capital B (ALCPB.PA) mNAV — frequently asked

What is Capital B (ALCPB.PA)'s mNAV?
Capital B's mNAV is currently 1.11×. mNAV divides ALCPB.PA's market capitalisation by the value of the Bitcoin it holds, so 1.11× means the market values the company at 1.11× the worth of its Bitcoin treasury (200.7M USD).
Is Capital B (ALCPB.PA) overvalued versus its Bitcoin?
At 1.11×, Capital B (ALCPB.PA) trades at a 11% 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 0.59×–4.70×.
How much Bitcoin does Capital B (ALCPB.PA) hold?
Capital B holds 3140 BTC, worth 200.7M USD at current prices. Its most recent purchase was 4 BTC on Jun 1, 2026.

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