₿$73,459.79▼ 0.12%
Alliance Resource Partners, L.P.
ARLP🇺🇸Reserve
Alliance Resource Partners, L.P. is a leading US coal producer operating seven underground mining complexes across Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company mines Bitcoin using surplus electricity at its River View Kentucky facility, operating approximately 3,500 mining rigs alongside hosting third-party miners.
BTC Holdings
618.26 BTC
180d
Stock PriceUpdated 11h ago
$24.85▼ 1.86%
180d
Total financing
507.45M USD
180d
mNAV
70.40x▼ 1.74%
180d
Leverage
1053.8%
180d
BTC Risk
86.49%0.1x
Sats/Share
481
180d
Mkt cap
3.20B USD
Shares
128.66M
Fiat reserve
28.87M USD
Total reserve
74.29M USD
Dilution
0.0%
Coverage
1.2 yr
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
US-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$2.9B▼1.8%
Total Liabilities$1.1B▼0.4%
Stockholders' Equity$1.8B
Cash & Equivalents$28.9M▼69.4%
Total Debt$495.9M▲8.6%
Digital Assets$42.2M▼34.9%
Income Statement
Revenue$516M▼9.7%
Operating Income$21.9M▼79.2%
Net Income$9.1M▼90.4%
Interest Expense$11.4M▲210.4%
Cash Flow
Operating Cash Flow$105.5M▼79.2%
Instruments
ARLP-Jun29
Jun '24 – Jun '29
Outstanding
400.00M USD
BTC Rating
0.1x
ARLP-TL
Jan '23 – Mar '28
Outstanding
28.13M USD
BTC Rating
>10x
ARLP-Equip24
Feb '24 – Feb '28
Outstanding
28.43M USD
BTC Rating
1.6x
ARLP-AR
… – Jan '27
Outstanding
45.00M USD
BTC Rating
0.6x
ARLP-Craft32
Jan '26 – Jan '32
Outstanding
5.90M USD
BTC Rating
0.1x
Total
507.45M USD
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| ARLP-Jun29 | Jun '24 – Jun '29 | 8.625% | 400.00M USD | 400.00M USD | 0.1x |
| ARLP-TL | Jan '23 – Mar '28 | — | 75.00M USD | 28.13M USD | >10x |
| ARLP-Equip24 | Feb '24 – Feb '28 | 8.29% | 54.60M USD | 28.43M USD | 1.6x |
| ARLP-AR | … – Jan '27 | — | 75.00M USD | 45.00M USD | 0.6x |
| ARLP-Craft32 | Jan '26 – Jan '32 | 5% | 5.90M USD | 5.90M USD | 0.1x |
| Total | 507.45M USD | ||||
Recent Changes
Tue, Mar 31, 2026
BTC Holdings
592→618+26 BTC(+4.4%)
Form 8-K (Q1 2026 earnings release)
BTC Holdings
618→618.26+0.26 BTC(+0.0%)
Form 10-Q (Q1 2026)
Shares Outstanding
128.4M→128.7M+230.8K(+0.2%)
Form 8-K (Q1 2026 earnings release)
Debt OutstandingRepaymentARLP-TL
31.6M→28.1M-3.5M(-11.1%)
Form 10-Q (Q1 2026)
Debt OutstandingRepaymentARLP-Equip24
31.8M→28.4M-3.4M(-10.6%)
Form 10-Q (Q1 2026)
Debt OutstandingDrawARLP-AR
0→45.0M+45.0M
Form 10-Q (Q1 2026)
Debt OutstandingARLP-Craft32
5.9M→5.9M+2.0K(+0.0%)
Form 10-Q (Q1 2026)
Fiat Reserve
71.2M→28.9M-42.3M(-59.5%)USD
Form 8-K (Q1 2026 earnings release)
Thu, Jan 29, 2026
Debt OutstandingIssuanceARLP-Craft32
5.9M
Subsequent event - coal reserves purchase from related party
Form 10-K (2025)Wed, Dec 31, 2025
BTC Holdings
568→592+24 BTC(+4.2%)
Form 8-K (FY2025 earnings release)
Debt OutstandingARLP-Revolver
0
$41M letters of credit outstanding; $384M available
Form 10-K (2025)Debt OutstandingRepaymentARLP-TL
45.7M→31.6M-14.1M(-30.8%)
Form 10-K (2025)
Debt OutstandingARLP-Equip24
54.6M→31.8M-22.8M(-41.7%)
Form 10-K (2025)
Debt OutstandingARLP-AR
0
$11.7M letters of credit outstanding; $63.3M available
Form 10-K (2025)Fiat Reserve
94.5M→71.2M-23.3M(-24.6%)USD
Form 10-K (2025)