List of Flash News about Bloomberg Big Take
Time | Details |
---|---|
2025-10-02 23:01 |
AI Energy Demand Is Pushing Power Bills Higher: 3 Trading Impacts for Utilities and Bitcoin Miners (BTC)
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. |