Given the Collatz function and its iterates: $$ T(n) = \begin{cases} n/2, & \text{if $n$ is even} \\ (3n+1)/2, & \text{if $n$ is odd} \end{cases} $$ and $$ T^{k}(n) = T(T^{k-1}(n)).$$
Question. How does one apply iterates to large integers such as $$ n = \big(3756801695685 \; \times \;2^{666669}\big) – 1\: ?\label{1}\tag{1} $$
We can begin by observing that repeated application of the Collatz function to numbers of the form $$ m = (2^{k} \times p) – 1 $$
where p is an odd integer, results in the iterate:
$$ T^{k}(m) = ((3^{k} \times p) – 1), $$
Thus, the trajectory of m travels k steps to arrive at a step that is $(3/2)^{k}$ times greater than m.
Applying this to the example in \eqref{1} yields a trajectory that spans 666669 consecutive odd numbers to arrive at
$$ T^{666669}(n) = \big(3756801695685 \times 3^{666669}-1\big). \label{2}\tag{2} $$
NOTE:
$$ 3756801695685 = 3 \times 5 \times 43 \times 347 \times 16785299 $$
Rephrasing the question: Are there similar ways to shortcut the evaluation of remaining iterates?