Alliance Resource Partners bitcoin holdings
A coal producer that has been quietly mining bitcoin since 2020 through a subsidiary called Bitiki, and hosting other people's machines too.
Key figures
- Bitcoin held
- 541 BTC
- As of
- 2026-08-13
- Rank
- 60 of 165
- Value at current price
- $34.2M
- Share of 21 million
- <0.01%
- Average cost
- $45,246 per BTC
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
Only a few disclosures are on file so far. The line joins the points we can source, and grows as more are published.
We do not yet have enough dated market cap points for Alliance Resource Partners to chart its valuation history. Rather than interpolate, we leave it out until the figures are filled in.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-08-13 | Tracked | 541 | Tracker sync | ||
| 2025-12-31 | Reported | 592 | 592.01 BTC valued at $51.8 million, mined through subsidiary Bitiki, which ran 3,702 active miners and 1,056 hosted machines. | sec.gov |
About Alliance Resource Partners
Alliance Resource Partners is one of the largest coal producers in the eastern United States, and among the least likely names on this list. Its subsidiary Bitiki began crypto mining in the second half of 2020, and by 31 December 2025 it ran 3,702 active miners of its own plus 1,056 hosted machines for third parties, holding 592.01 coins valued at $51.8 million.
The logic is unusual but coherent: a company that already sells energy and understands power contracts can convert electricity into bitcoin without buying a coin on the open market. The mining segment is a rounding error beside the coal business, which carried $590.2 million of total debt and finance leases at 30 June 2026 against comfortable leverage ratios.
So this is not a treasury strategy in the sense the rest of this table uses the phrase. It is a byproduct of an energy business that decided some of its output was worth keeping.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.