According to @QCompounding, Energy Fuels Inc (UUUU) is up 156.0% year to date, highlighting strong momentum in uranium and rare earth equities, source: @QCompounding. According to @QCompounding, Energy Fuels produces uranium and rare earth elements primarily in the United States, source: @QCompounding. According to @QCompounding, these materials are essential for nuclear energy, defense, and clean technologies, framing the demand narrative behind the stock’s move, source: @QCompounding. According to @QCompounding, stocks related to precious metals had an amazing year, underscoring broad strength across materials-linked names, source: @QCompounding. According to @QCompounding, no direct cryptocurrency market impact is mentioned by the source, source: @QCompounding.

According to The Kobeissi Letter, the U.S. Department of Energy announced $2.7 billion to boost domestic uranium enrichment, allocating $900 million to Centrus Energy (LEU) and two other nuclear fuel makers, creating a direct catalyst for LEU and uranium-linked equities. Source: The Kobeissi Letter. According to The Kobeissi Letter, traders can watch LEU for potential gap-and-go moves, elevated volumes, and options implied volatility expansion on award headlines, with possible sympathy flows across uranium and nuclear ETFs such as URA and NLR. Source: The Kobeissi Letter. According to The Kobeissi Letter, the enrichment-focused funding supports the U.S. nuclear fuel supply chain narrative, which can re-rate exposure across enrichment, conversion, and advanced nuclear names in the near to medium term. Source: The Kobeissi Letter. According to The Kobeissi Letter, crypto-sensitive traders may monitor knock-on sentiment for U.S. BTC miners as pro-nuclear policy can be viewed as constructive for power diversification narratives; watch miner equities like RIOT and MARA and BTC mining sentiment for headline spillover. Source: The Kobeissi Letter. According to The Kobeissi Letter, key unknowns include timing, disbursement specifics, and the identities of the other awardees, so headline reversals are possible until official DOE documentation is reviewed. Source: The Kobeissi Letter.

According to @KobeissiLetter, Nvidia’s Jensen Huang said that in the next 6–7 years we will see a bunch of small nuclear reactors and that we will all be power generators, likening it to somebody’s farm, highlighting nuclear as a potential solution to AI-driven power demand growth (source: The Kobeissi Letter on X, Dec 3, 2025). Global electricity use by data centers, AI, and crypto could roughly double to around 1,000 TWh in 2026 from about 460 TWh in 2022, underscoring the urgency of scalable, low-carbon baseload for AI and mining operations (source: International Energy Agency, Electricity 2024 report). In the U.S., the Nuclear Regulatory Commission certified the NuScale SMR design in January 2023, but the first customer project with UAMPS was canceled in November 2023 due to cost escalation, indicating commercialization risk and potential timeline slippage for near-term capacity (sources: U.S. NRC design certification Jan 2023; UAMPS and NuScale joint statement Nov 8, 2023). Canada’s first grid-scale SMR, the GE Hitachi BWRX-300 at OPG’s Darlington site, targets operation around the end of the decade, providing a concrete milestone for SMR power coming online before 2030 (source: Ontario Power Generation project updates 2023–2024). Bitcoin’s network consumes electricity in the tens to low hundreds of TWh annually, and electricity cost is the dominant operating expense for miners, making access to long-term, low-cost baseload power pivotal for BTC mining margins (source: Cambridge Bitcoin Electricity Consumption Index, University of Cambridge). Integration of nuclear with high-density computing is already underway, with U.S. examples including TeraWulf sourcing power from the Susquehanna nuclear station and the Cumulus Data nuclear-adjacent data center campus in Pennsylvania, showing a template for AI and BTC workloads colocating with nuclear baseload (sources: TeraWulf corporate updates 2023; Talen Energy/Cumulus Data announcements 2023). Timelines suggest most new SMR capacity will arrive after 2026, while AI and crypto loads are projected to surge by 2026, meaning power markets may remain tight in the near term even if SMR momentum accelerates, a dynamic closely watched by traders in BTC mining equities, uranium producers, and power-exposed AI infrastructure names (sources: International Energy Agency Electricity 2024; Ontario Power Generation project updates 2023–2024).