Three or four times a year we publish a measured read on Bitcoin — price, network state, mining economics, corporate treasuries, and policy. We track our own prior calls in the open and revise when the data demands it.
Predictions scorecard against Fall '25 and Winter '26, the May on-chain and market picture, public-company treasuries, legislative status — and a 2026 base case revised down to $110K–$140K.
Performance vs. our Fall 2025 predictions, current network state, mining economics, forward projections, institutional adoption, and scenario analysis. 2026 base case trimmed to $135K–$165K.
The inaugural report: a probability-weighted price trajectory through 2035, mining economics, key milestones, and the supply/demand scarcity thesis. Weighted 2035 expected value $1.15M.