Yesterday we hit a new ATH in production cost per Bitcoin. $106,000, today we dropped a bit to $104,600 (see attached) In addition, here's where we stand on the Trendline: Today's Bitcoin price: $116,000 Today's Trendline price: $108,490. Ratio of Price over Trendline: 1.069. Very healthy, not a lot of hype and not enough fud to break the long term trend even a little. Just so you know where we're likely to be in 1, 2, and 3 months from now if the previous pattern continues to hold: Date. Trendline Price. Price if 1.069x Trendline. 10/20/25: $115,347.21 / $123,306.17 11/20/25: $122,888.46 / $131,367.76 12/20/25: $130,655.55 / $139,670.78 I wouldn't be surprised if we end the year at $150k though, or at least hit it sometime before December 31st.