Company Metrics
BTC Price
Current price of Bitcoin
$81,920
ALCPB.PA BTC Holdings
Bitcoins held on balance sheet
₿2,818
ALCPB.PA mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
1.52x
ALCPB.PA Stock Price
Latest stock price (in USD)
$0.74
ALCPB.PA % from 52W High
Current price gap from 52-week high
-89%
ALCPB.PA Enterprise Value
MCap + Debt + Pref - Cash
$350.0M
ALCPB.PA Market Cap
Equity market value
$204.1M
ALCPB.PA BTC NAV
Current value of BTC = holdings × BTC price
$230.9M
ALCPB.PA MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
88%
ALCPB.PA BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.013%
ALCPB.PA mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.88x
ALCPB.PA 1W Return
May 11, 2026 (€0.68) → May 16, 2026 (€0.64)
-5.77%
ALCPB.PA 1M Return
Apr 14, 2026 (€0.68) → May 16, 2026 (€0.64)
-6.41%
ALCPB.PA 3M Return
Feb 13, 2026 (€0.60) → May 16, 2026 (€0.64)
+5.54%
ALCPB.PA YTD Return
Dec 31, 2025 (€0.75) → May 16, 2026 (€0.64)
-15.48%
ALCPB.PA 1Y Return
May 15, 2025 (€1.65) → May 16, 2026 (€0.64)
-61.38%
ALCPB.PA 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-40.16 p.p.
ALCPB.PA 52W High
Highest price in the last 52 weeks (in USD)
$6.93
ALCPB.PA Basic Shares
Estimated basic shares outstanding
275,824,473
ALCPB.PA Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
ALCPB.PA Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$1.39M
ALCPB.PA Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$1.63M
ALCPB.PA Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$147.6M
ALCPB.PA Debt/BTC NAV
Debt as a % of BTC NAV
—
ALCPB.PA BTC Rating
BTC NAV ÷ Total Debt
—
ALCPB.PA Cash
Total cash and cash equivalents
$1.78M
ALCPB.PA Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
61.6%
ALCPB.PA Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
113.3%
ALCPB.PA Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
ALCPB.PA Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
ALCPB.PA Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
ALCPB.PA Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
ALCPB.PA Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
ALCPB.PA Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
ALCPB.PA Short Interest (% Float)
% of tradable shares sold short
—
ALCPB.PA Bitcoin Exposure
BTC Price
Current price of Bitcoin
$81,920
ALCPB.PA BTC Holdings
Bitcoins held on balance sheet
₿2,818
ALCPB.PA BTC NAV
Current value of BTC = holdings × BTC price
$230.9M
ALCPB.PA BTC Rate (since Jan 1, 2024)
Average daily Bitcoin acquisition rate since Jan 1, 2024
5.54 BTC/day
ALCPB.PA BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.013%
ALCPB.PA Valuation Metrics
ALCPB.PA Stock Price
Latest stock price (in USD)
$0.74
ALCPB.PA Market Cap
Equity market value
$204.1M
ALCPB.PA mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
1.52x
ALCPB.PA mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.88x
ALCPB.PA BTC as % of MCAP
Bitcoin holdings value as a percentage of total market capitalization
113%
ALCPB.PA Enterprise Value
MCap + Debt + Pref - Cash
$350.0M
ALCPB.PA Basic Shares
Estimated basic shares outstanding
275,824,473
ALCPB.PA Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
ALCPB.PA Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$147.6M
ALCPB.PA Debt/BTC NAV
Debt as a % of BTC NAV
—
ALCPB.PA BTC Rating
BTC NAV ÷ Total Debt
—
ALCPB.PA Cash
Total cash and cash equivalents
$1.78M
ALCPB.PA Stock Returns
ALCPB.PA 1W Return
May 11, 2026 (€0.68) → May 16, 2026 (€0.64)
-5.77%
ALCPB.PA 1M Return
Apr 14, 2026 (€0.68) → May 16, 2026 (€0.64)
-6.41%
ALCPB.PA 3M Return
Feb 13, 2026 (€0.60) → May 16, 2026 (€0.64)
+5.54%
ALCPB.PA YTD Return
Dec 31, 2025 (€0.75) → May 16, 2026 (€0.64)
-15.48%
ALCPB.PA 1Y Return
May 15, 2025 (€1.65) → May 16, 2026 (€0.64)
-61.38%
ALCPB.PA 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-40.16 p.p.
ALCPB.PA 52W High
Highest price in the last 52 weeks (in USD)
$6.93
ALCPB.PA % Down from 52W High
Current price gap from 52-week high
-89.32%
ALCPB.PA Trading & Risk
ALCPB.PA Trading Volume
Most recent day's trading volume (VWAP × Volume)
$1.39M
ALCPB.PA Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$1.63M
ALCPB.PA 30D Volatility
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
61.6%
ALCPB.PA 1Y Volatility
Annualized standard deviation of the daily natural log return measured over the last calendar year
113.3%
ALCPB.PA Beta
5Y Monthly: Volatility vs market (1.0 ≈ market)
1.97
ALCPB.PA Short Interest (% Float)
% of tradable shares sold short
—
ALCPB.PA Options
ALCPB.PA Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
ALCPB.PA Total Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
ALCPB.PA Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
ALCPB.PA Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
ALCPB.PA Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
ALCPB.PA Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
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Capital B Bitcoin Purchases
About Capital B's Bitcoin Treasury Strategy
Capital B (ALCPB.PA) ranks #30 globally among Bitcoin treasury companies, with 2,818 Bitcoin in its corporate treasury worth approximately $230.85M at current prices. This represents 0.013% of the total 21 million Bitcoin that will ever exist.
Trading at a stock price of $0.74 per share with a market capitalization of $204.13M, Capital B's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 1.52x. Bitcoin holdings represent 113% of the company's market cap, underscoring Bitcoin's central role in Capital B's balance sheet strategy.
The most recent purchase was 5 BTC on November 25, 2025.
Recent stock performance shows -5.77% over the past week, -6.41% over the past month, -15.48% year-to-date, and -61.38% over the past year. Capital B currently trades -89.32% from its 52-week high. The stock averages $1.63M in daily trading volume over the past 30 days, with 30-day volatility at 61.6%.
Capital B's Bitcoin treasury strategy is led by Alexandre Laizet (Director of Bitcoin Strategy).