[Bitpush Daily News Highlights] Sources: a16z crypto is raising approximately $2 billion for its fifth fund; Bloomberg: The AI boom is prompting Bitcoin mining companies with over $8 billion in holdings to transform their businesses, triggering market sell-off concerns; US SEC Chairman: AI is reshaping capital market regulation and will crack down on fraudulent or exaggerated claims using AI.

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Sources indicate that a16z crypto is raising approximately $2 billion for its fifth fund.

According to Fortune magazine, multiple sources familiar with the matter revealed that a16z crypto, the blockchain arm of Andreessen Horowitz, one of the world's leading venture capital firms, is raising funds for its fifth fund. Sources say the fund targets approximately $2 billion and is scheduled to complete fundraising by the end of the first half of 2026.

Because the discussions involved confidential company business, the sources requested anonymity. As one of the largest players in the cryptocurrency venture capital space, a16z crypto's fundraising during a period of blockchain market downturn has attracted market attention.

[Bloomberg: The AI boom is prompting Bitcoin mining companies with over $8 billion in holdings to transform their businesses, triggering market sell-off concerns]

According to market sources, as the price of Bitcoin has fallen by more than 40% from its peak last year, large mining companies holding more than $8 billion worth of Bitcoin are quietly accelerating their sell-off.

Unlike previous sell-offs aimed at covering costs, the funds from this round of sales are being reallocated to the artificial intelligence sector. Mining companies are repositioning their mining farms, which also possess advantages in cheap electricity and capital-intensive infrastructure, as AI data center operators to obtain a more predictable revenue stream than Bitcoin mining. MARA Holdings, the second-largest Bitcoin holder after Strategy, is adjusting its strategy and may sell a portion of its nearly $4 billion in reserves.

CleanSpark and Riot Platforms have restructured their executive teams to accelerate their AI transformation. Bitdeer has liquidated its Bitcoin holdings. Analysts point out that the mining companies' sell-off has triggered market anxiety, but the proceeds are being used for strategic reallocation rather than survival, and the profit prospects for mining companies are actually more optimistic.

[US SEC Chairman: AI is reshaping capital market regulation and will crack down on fraud or misleading advertising using AI]

Speaking at the Financial Stability Oversight Council's AI Innovation Roundtable, U.S. SEC Chairman Paul Atkins stated that AI will reshape capital market regulation. The SEC established an AI Working Group in August to promote the application of AI in risk assessment, market anomaly monitoring, information disclosure review, and market risk analysis. In terms of regulatory approach, the SEC will adhere to a "technology neutrality" and an information disclosure framework based on the "materiality principle," opposing the simplistic application of mandatory list-based disclosure requirements for new technologies. The SEC will pursue legal action against any use of AI for fraud or exaggerated claims. Atkins added that as a regulatory body, the SEC will not shy away from the AI wave but will choose to understand, assess, and adopt relevant technologies where appropriate. The SEC also encourages market participants to maintain open dialogue with regulators to jointly promote the sound development of the capital market.

[Nvidia CEO Jensen Huang: We will invest $30 billion in OpenAI, $100 billion is not under consideration]

Nvidia CEO Jensen Huang stated that the company will invest $30 billion in OpenAI, but $100 billion is not under consideration. The opportunity to invest $100 billion in OpenAI may not exist, given the company's upcoming IPO. The $10 billion investment in Anthropic is likely the last one.

Eric Trump: Family-owned mining company American Bitcoin's Bitcoin holdings surpass 6,500.

Eric Trump, the second son of Donald Trump, announced on the X platform that American Bitcoin, the Trump family's mining company, has surpassed 6,500 BTC in holdings (with an increase of over 500 BTC in the past 21 days). American Bitcoin has become the 17th largest publicly traded Bitcoin company globally.

[K33: Bitcoin is severely oversold, and there is no sufficient reason to continue selling at the current price]

According to The Block, crypto research and brokerage firm K33 states that after months of sustained selling pressure, Bitcoin has entered one of its most oversold weekly ranges in history. There is no compelling reason to sell Bitcoin at current prices. Vetle Lunde, Head of Research at K33, wrote in a recent report: "If you want to be wrong, follow the crowd." He noted a pervasive pessimism in the crypto derivatives market, with investor positions clearly biased towards defense. After six consecutive weeks of declines and five consecutive months of losses—one of Bitcoin's longest downtrends in history—its weekly Relative Strength Index (RSI) recently fell to 26.84, the third lowest level in history. The report indicates that this decline was primarily driven by selling from long-term holders and institutional investors. In the fourth quarter of 2025, the supply of Bitcoin held for more than six months decreased significantly; simultaneously, exchange-traded investors (such as ETF investors) reduced their holdings by nearly 100,000 BTC, and CME Bitcoin futures open interest fell to a two-year low. However, Lunde stated that these outflows have recently begun to slow.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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