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Public Companies

Alliance Resource Partners

🇺🇸 United StatesARLPNASDAQ

BTC Holdings

Alliance Resource Partners held BTC since December 2024.

BTC Holdings
541
$48.58M

Key Metrics

Market Cap
$2.96B
mNAV
60.83×
Volume (30d)
$233.6M

About Alliance Resource Partners

Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a prominent publicly traded coal mining company in the United States, known for its extensive operations within the energy sector. The company's primary business involves the production and marketing of coal, primarily catering to utilities and industrial users. ARLP operates a diversified portfolio of mining assets spread across various states, allowing it to maintain a significant presence in the coal industry. Despite the traditional nature of its core operations, the company has shown an inclination towards exploring new growth avenues and diversification strategies to adapt to the evolving energy landscape.

In a notable strategic shift, Alliance Resource Partners has ventured into the Bitcoin ecosystem, marking a significant departure from its conventional business model. Acknowledging the increasing institutional interest in Bitcoin as a store of value and an inflation hedge, ARLP has begun to allocate a portion of its balance sheet to Bitcoin holdings. This initiative is reflective of a broader trend among publicly traded companies that aim to diversify their treasury assets and leverage the long-term potential of digital currencies. By integrating Bitcoin into its financial strategy, ARLP seeks to enhance shareholder value and align itself with innovative practices within the traditional energy sector.

Alliance Resource Partners' approach to incorporating Bitcoin into its business strategy is noteworthy not only for the company but also for the broader market. As one of the first major U.S. coal mining firms to publicly disclose Bitcoin holdings, ARLP is helping to pave the way for mainstream acceptance of digital assets among established industrial corporations. This development underscores a shift in corporate treasury management, highlighting a growing recognition of Bitcoin's potential as a strategic asset. ARLP's actions indicate a willingness to adapt to changing market conditions, positioning the company as a key player at the intersection of traditional energy production and emerging digital technologies.

As of December 2025, it held 541 BTC valued at $48.6M.

Alliance Resource Partners — BTC Holdings Over Time

0200400Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Oct 2025

Historical Performance

Market Cap History

$3.1B$3.3B$3.4B$3.6B$3.7BDec 30, 2024Feb 7, 2025Mar 18, 2025Apr 24, 2025Jun 2, 2025Jul 10, 2025

NAV History

$36.8M$42.0M$47.3M$52.6M$57.8MDec 30, 2024Feb 5, 2025Mar 14, 2025Apr 20, 2025May 27, 2025Jul 3, 2025