According to @business, Bloomberg's Big Take reports that surging AI data center electricity demand is sending consumers' power bills soaring, based on reporter Josh Saul's investigation. source: Bloomberg/@business. Higher retail electricity prices can raise operating costs for Bitcoin miners, pressuring hashprice and breakeven levels because electricity is the primary expense in BTC mining. source: Bloomberg/@business; Cambridge Centre for Alternative Finance. Traders should monitor utility and independent power producer equities, regional power prices, and listed BTC mining stocks for price action that reflects AI-driven power cost trends. source: Bloomberg/@business.

According to The Kobeissi Letter, Nvidia is investing up to $100 billion in OpenAI to deploy at least 10 gigawatts of Nvidia systems for next-generation models (source: The Kobeissi Letter). According to The Kobeissi Letter, OpenAI and Oracle announced a $300 billion deal on September 18 focused on expanding compute capacity (source: The Kobeissi Letter). According to The Kobeissi Letter, this follows Nvidia’s $5 billion investment in Intel, suggesting downstream capex across AI components (source: The Kobeissi Letter). According to The Kobeissi Letter, exponential AI growth will be reliant on energy, making electricity the crucial commodity, a framing traders can translate into focus on power availability, grid buildouts, and datacenter capacity when positioning in AI-linked equities and crypto (source: The Kobeissi Letter). According to The Kobeissi Letter, near-term watchpoints include NVDA, INTC, ORCL, energy utilities, and AI-infrastructure narratives that can influence crypto market sentiment (source: The Kobeissi Letter).

According to @KobeissiLetter on X on Sep 1, 2025, electricity prices are trending higher in a near-linear move as AI demand surges, making energy the immediate bottleneck for AI growth. According to @KobeissiLetter on X on Sep 1, 2025, this matters for trading because rising power costs directly affect BTC miners’ cost per coin and AI data center operating expenses, pressuring margins when electricity spikes. According to @KobeissiLetter on X on Sep 1, 2025, traders should monitor power price momentum alongside crypto miner equities, BTC network hash economics, and AI compute plays for potential cross-asset volatility.