Leaderboard / Energy / United States

Alliance Resource Partners LP (ARLP) bitcoin per share

BTC per share

0.00000502

BTC held ÷ shares outstanding

Sats per share

502.10 sats

1 BTC = 100,000,000 sats

BTC held

646 BTC

as of June 30, 2026

Shares outstanding

128,658,801

basic, as of June 30, 2026

USD value per share

live BTC spot × BTC per share

Leaderboard rank

#58 of 81

Data confidence: high

Alliance Resource Partners LP is an energy-sector holder, part of the small group of industrial companies that treat bitcoin as a reserve asset rather than a business line. Positions like this tend to be sized conservatively relative to the balance sheet, which shows up in the per-share math. Listed on NASDAQ and based in the United States, it holds 646 BTC against 128,658,801 shares outstanding, which works out to 502.10 satoshis per share. That places it at rank 58 of 81 on the bitcoinps.com leaderboard. A large absolute holding can still translate into a thin per-share figure when the share count is large, and this row is a good example.

The math

The calculation is deliberately simple: 646 BTC (as of June 30, 2026) divided by 128,658,801 basic shares (as of June 30, 2026) gives 0.00000502 BTC per share. Put another way, you would need roughly 199,164 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.

Holdings context

Neither input has shown a strong recent trend, so treat this row as a snapshot: the as-of dates above tell you exactly how fresh each side of the division is.

Analyst note (2026-08-03): Updated from CoinGecko's 541: Q2 2026 8-K (filed 2026-07-27) states 646 BTC ($37.9M) as of 2026-06-30. Share figure is common limited-partner units outstanding (MLP), same 8-K. Coal producer that mines BTC with excess power.

What would change this number

New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
New bitcoin purchases or sales. Any change to the coin count moves the numerator one for one. Purchase announcements lift BTC per share immediately; sales, loans against the position or collateral arrangements cut or complicate it.

Quick reference: at the current figure, roughly 199,164 shares of ARLP represent one full bitcoin.

Sources

Listed on NASDAQ. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.