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![AdamBLiv Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1881193918206758912.png) Adam Livingston [@AdamBLiv](/creator/twitter/AdamBLiv) on x 47.3K followers
Created: 2025-07-18 21:52:42 UTC

Blended cost calculations (base case):

H2 2025: XXXXXXX × 180k = 18.90B
2026 H1: XXXXXXX × 260k = 29.90B
2026 H2: XXXXXX × 360k = 32.40B
2027 H1: XXXXXX × 500k = 27.50B
2027 H2: XXXXXX × 600k = 20.07B

Total base fiat outlay ≈ 128.77B

Blended average price ≈ 128.77B / XXXXXXX ≈ XXXXXXX per BTC

Low scenario total ≈ 94.3B (average ≈ 236,700)

High scenario total ≈ 176.3B (average ≈ 442,500)


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946327295200825370/c:line.svg)

**Related Topics**
[fiat](/topic/fiat)
[h1](/topic/h1)
[h2](/topic/h2)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/AdamBLiv/status/1946327295200825370)