VanEck says nuclear power approval could boost AI and ease Bitcoin sell pressure

VanEck CEO Jan van Eck has a simple thesis: approve more nuclear power, and two very different industries get a boost at once.

His argument is that greenlighting a nuclear plant would raise the value of AI and reduce Bitcoin sell pressure by delivering cheaper energy.

The reasoning rests on one shared constraint. AI and Bitcoin mining both run on enormous amounts of electricity, and whoever controls cheap, reliable power controls the economics of both.

In a September 2025 interview, van Eck pointed to a major policy shift in favor of nuclear power. The driver, in his telling, is surging electricity demand from AI data centers and digital asset activity.

He highlighted substantial bipartisan support for nuclear energy in the US, referencing initiatives from both the current administration and the Trump administration. The headline effort is a plan aimed at quadrupling US nuclear output over the next 25 years.

Van Eck cited the expedited restart of a reactor at Three Mile Island as evidence that the trend is real rather than theoretical. That restart comes through a deal between Microsoft and Constellation Energy, designed to bring a Three Mile Island unit back online ahead of its originally scheduled startup.