Jan van Eck said approving more nuclear power projects could benefit both artificial intelligence and Bitcoin. He said expanded nuclear generation could lift AI value while also giving Bitcoin miners access to cheaper electricity, which may ease selling pressure on the cryptocurrency. He also pointed to political backing in the United States, saying support for nuclear energy remains strong across both parties, with a goal of raising nuclear output to four times its current level over the next 25 years. The accelerated restart of the Three Mile Island reactor was cited as evidence of that push. Separately, VanEck Head of Digital Assets Research Matthew Sigel said miners hold long-term power contracts and infrastructure that carry undervalued optionality. If miners shift toward revenue from AI-related contracts, he said, the pressure to sell Bitcoin would decline as a result.
According to ChainCatcher, Jan van Eck said approving more nuclear power projects could lift both AI and Bitcoin. He said greater nuclear output could increase AI value while also lowering energy costs for miners, easing Bitcoin selling pressure.
He added that support for nuclear energy is strong across both U.S. political parties, with a goal of increasing nuclear power generation to four times the current level over the next 25 years. He cited the accelerated restart of the Three Mile Island reactor as evidence.
Matthew Sigel, VanEck's Head of Digital Assets Research, said miners hold long-term power contracts and infrastructure that contain undervalued optionality. If miners shift to revenue from AI contracts, he said, the pressure for them to sell Bitcoin would also fall.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
