ARLPvsMARA
Alliance Resource Partners vs Marathon Digital
Side-by-side Bitcoin treasury comparison: holdings, market cap, mNAV ratio, BTC per share, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
ARLP
Alliance Resource Partners
🇺🇸 US
618 BTC
$39.5M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
ARLP
MARA
BTC holdings
618 BTC
35,303 BTC
Market value of BTC
$39.5M
$2.3B
Average cost per BTC
$51,664.00
$68,236.16
Total cost basis
$31.9M
$2.4B
mNAV (market cap ÷ BTC value)
80.37×
2.05×
Sats per share
481
9.3k
Last disclosed purchase
May 8, 2026
- May 8, 2026+0 BTC$2.1M
- May 8, 2026+26 BTC$2.1M
- Feb 26, 2026+24 BTC$1.6M
- Nov 7, 2025+27 BTC$2.7M
- Aug 7, 2025+29 BTC$3.3M
ARLP vs MARA: frequently asked
Which company holds more Bitcoin, ARLP or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Alliance Resource Partners's (ARLP) 618 BTC — roughly 57.1× more.
What's the total Bitcoin value on the balance sheets of ARLP and MARA?▾
ARLP holds $39.5M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, ARLP or MARA?▾
ARLP's average cost is $51,664.00 per BTC. MARA's is $68,236.16. ARLP is the lower cost basis.
When did ARLP last buy Bitcoin?▾
ARLP disclosed a 0 BTC purchase on May 8, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.