Quarterly updates
We have been publishing quarterly reports on the underlying economic nature of Bitcoin since the summer of 2018. You can think about Bitcoin’s value in terms of stocks or bonds, money market funds or bank accounts, or even real estate, but in the end the only economic comparison to what Bitcoin “is” can be found by observing monetary systems of real-time gross settlement.
For more check out our overview of the globe’s largest monetary assets, or how different nations define money, to how our methodologies work.
| Quarter | Release | Companion | |
| 2023 Q4 | no.23 | TFTC | |
| 2023 Q3 | no.22 | TFTC | |
| 2023 Q2 | no.21 | TFTC, WBD | |
| 2023 Q1 | no.20 | WBD | |
| 2022 Q4 | no.19 | TFTC | |
| 2022 Q3 | no.18 | TFTC | |
| 2022 Q2 | no.17 | WBD | |
| 2022 Q1 | no.16 | TFTC | |
| 2021 Q4 | no.15 | TFTC | |
| 2021 Q3 | no.14 | CV, TFTC | |
| 2021 Q2 | no.13 | TFTC | |
| 2021 Q1 | no.12 | OTB, TFTC | |
| 2020 Q4 | no.11 | ||
| 2020 Q3 | no.10 | LaBitConf | |
| 2020 Q2 | no.9 | CV | |
| 2020 Q1 | no.8 | CV | |
| 2019 Q4 | no.7 | CV | |
| 2019 Q3 | no.6 | CV | |
| 2019 Q2 | no.5 | CV | |
| 2019 Q1 | no.4 | CV | |
| 2018 Q4 | no.3 | CV | |
| 2018 Q3 | no.2 | TFTC | |
| 2018 Q2 | no.1 | CV |