Capital B
ALCPB.PAMarket valuation vs the Bitcoin it holds
1.09×
live
Premium
a 9% premium to Bitcoin NAV
Capital B trades at 1.09× its Bitcoin NAV — you pay $1.09 for every $1 of Bitcoin it holds, a 286.5M USD pile.
Live · last updated
BTC held
3,525 BTC
Bitcoin treasury
Bitcoin NAV
286.5M USD
at today's BTC price
Market cap
312.7M USD
Fully diluted
Share price
5.69 EUR
EUR
Last BTC buy
4 BTC
Sep 14, 2026
mNAV over time
Last 12 months · diluted
Today's 1.09× sits in a 52-week range of 0.60× to 1.11×.
mNAV · 52-week range
0.60×–1.11×
0.60×now 1.09×1.11×
About Capital B
Capital B (ALCPB.PA) owns 3,525 BTC. At today's price that Bitcoin is worth 286.5M USD. The market caps the whole company at 312.7M USD — 1.09× its Bitcoin. Put plainly: you pay $1.09 for every $1 of Bitcoin it holds, a 9% premium for everything that isn't the Bitcoin. It bought in at an average of 100.6K USD per coin.
Capital B (ALCPB.PA) mNAV — frequently asked
- What is Capital B (ALCPB.PA)'s mNAV?
- Capital B's mNAV is currently 1.09×. mNAV divides ALCPB.PA's market capitalisation by the value of the Bitcoin it holds, so 1.09× means the market values the company at 1.09× the worth of its Bitcoin treasury (286.5M USD).
- Is Capital B (ALCPB.PA) overvalued versus its Bitcoin?
- At 1.09×, Capital B (ALCPB.PA) trades at a 9% 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 0.60×–1.11×.
- How much Bitcoin does Capital B (ALCPB.PA) hold?
- Capital B holds 3,525 BTC, worth 286.5M USD at current prices. Its most recent purchase was 4 BTC on Sep 14, 2026.
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