Capital B logo

Capital B

ALCPB.PA

Market valuation vs the Bitcoin it holds

1.17×
Premium
a 17% premium to Bitcoin NAV

Capital B trades at 1.17× its Bitcoin NAV — you pay $1.17 for every $1 of Bitcoin it holds, a 204.3M USD pile.

Live · last updated

BTC held
3,139 BTC
Bitcoin treasury
Bitcoin NAV
204.3M USD
at today's BTC price
Market cap
245.2M USD
Fully diluted
Share price
0.501 EUR
EUR
Last BTC buy
4 BTC
Jun 1, 2026

mNAV over time

Full history · diluted

Today's 1.17× sits in a 52-week range of 0.59× to 2.73×.

mNAV · 52-week range
0.59×–2.73×
0.59×now 1.17×2.73×

About Capital B

Capital B (ALCPB.PA) owns 3,139 BTC. At today's price that Bitcoin is worth 204.3M USD. The market caps the whole company at 245.2M USD 1.17× its Bitcoin. Put plainly: you pay $1.17 for every $1 of Bitcoin it holds, a 17% 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 1.17×. mNAV divides ALCPB.PA's market capitalisation by the value of the Bitcoin it holds, so 1.17× means the market values the company at 1.17× the worth of its Bitcoin treasury (204.3M USD).
Is Capital B (ALCPB.PA) overvalued versus its Bitcoin?
At 1.17×, Capital B (ALCPB.PA) trades at a 17% 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×–2.73×.
How much Bitcoin does Capital B (ALCPB.PA) hold?
Capital B holds 3,139 BTC, worth 204.3M USD at current prices. Its most recent purchase was 4 BTC on Jun 1, 2026.

Related datapoints