Alliance Resources Adds 425 BTC to Balance Sheet and is Mining BTC - SEC. gov \ stacker news ~bitcoin

Alliance Resources Adds 425 BTC to Balance Sheet and is Mining BTC - SEC. gov www.sec.gov//Archives/edgar/data/1086600/000155837024006004/arlp-20240429xex99d1.htm

101 sats \ 2 comments \ @TNStacker 30 Apr bitcoin

Link is to SEC 8k report.

As reported by Dylan LeClair in X.

Nasdaq listed Alliance Resources $ARLP, a $2.8b coal mining company, is mining #bitcoin, and currently holds 425 $BTC on its balance sheet.

https://twitter.com/DylanLeClair_/status/1785106188712943993

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21 sats \ 1 reply \ @byzantine 1 May

this company makes MSTR look like peanuts. ARLP is a cash cow that trades at a PE of 4

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0 sats \ 0 replies \ @TNStacker OP 1 May

This is big

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