VanEck CEO Jan van Eck said allowing more nuclear power projects to move forward could support both artificial intelligence and Bitcoin. In his view, expanded nuclear output would raise the value of AI while also easing selling pressure on Bitcoin by giving miners access to cheaper energy. He pointed to strong bipartisan support for nuclear energy in the United States, with a goal of increasing nuclear power generation to four times the current level over the next 25 years. Van Eck cited the accelerated restart of the Three Mile Island reactor as evidence of that push. Separately, VanEck head of digital assets research Matthew Sigel said Bitcoin miners hold long-term power contracts and infrastructure that carry undervalued optionality. If miners shift toward AI contract revenue, he said, the need to sell Bitcoin could decline.
VanEck CEO Jan van Eck said allowing more nuclear power projects to proceed could support both artificial intelligence and Bitcoin.
He said the move could increase the value of AI while also reducing Bitcoin selling pressure by giving miners access to cheaper energy.
Van Eck also pointed to strong bipartisan support for nuclear energy in the United States, with a goal of lifting nuclear output to four times the current level over the next 25 years. He cited the accelerated restart of the Three Mile Island reactor as one sign of that effort.
Matthew Sigel, VanEck's head of digital assets research, said miners hold long-term power contracts and infrastructure that have undervalued option value. If miners shift to AI contract revenue, the pressure to sell Bitcoin would ease, he said.
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