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 @CNBC, GE Vernova (GEV) has surged to the top of the stock market as AI data center-driven electricity demand fuels its gas, nuclear, wind, and grid businesses, and Wall Street believes the rally is not over, source: CNBC. The report links GEV’s outperformance to secular AI infrastructure capex that requires expanded generation and transmission capacity, positioning the company as a leveraged play on data center build-outs, source: CNBC. For crypto traders, CNBC’s emphasis on accelerating power and grid spend is relevant because Bitcoin mining equities are exposed to the same electricity markets; tracking GEV’s orders and backlog can help gauge power-availability trends that affect mining expansion and operating costs, source: CNBC.