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Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet
Alliance Resource Partners (ARLP) announced that it’s mining bitcoin and holding 425 BTC on its balance sheet.
On a Q1 earnings call yesterday, Alliance Resource Partners, a coal mining company worth $2.8 billion that trades under the ticker ARLP on the Nasdaq, reported that it’s mining bitcoin and currently holding 425 BTC on its balance sheet.
Nasdaq listed Alliance Resources $ARLP, a $2.8b coal mining company, is mining #bitcoin, and currently holds 425 $BTC on its balance sheet.
The company has additionally adopted the new FASB accounting standards for its holdings. pic.twitter.com/uZomhnuBPz— Dylan LeClair
