Chamath Palihapitiya has filed to raise $250 million for a new SPAC dubbed “American Exceptionalism Acquisition Corp A,” to be listed on the NYSE under ticker AEXA. The vehicle will issue 25 million $10 shares and targets disruptive sectors AI, decentralized finance, energy, and defense bitcoinworld.news. Palihapitiya returns after his prominent 2020–21 SPAC surge and later setbacks—with a renewed focus on innovation and bridging traditional finance and blockchain-based DeFi systems

Chamath Palihapitiya has filed to raise $250 million for a new SPAC dubbed “American Exceptionalism Acquisition Corp A,” to be listed on the NYSE under ticker AEXA. The vehicle will issue 25 million $10 shares and targets disruptive sectors AI, decentralized finance, energy, and defense bitcoinworld.news. Palihapitiya returns after his prominent 2020–21 SPAC surge and later setbacks—with a renewed focus on innovation and bridging traditional finance and blockchain-based DeFi systems

After peaking at a new all-time high of $124,500, Bitcoin has retraced approximately 7.6%, dipping below $116,000. Recent on-chain data reveals that over 22,000 BTC held by short-term investors (those holding under 155 days) have been offloaded at a loss, reflecting panic selling. While some analysts warn of further downside toward the $110K–$112K demand zone, others see this as a potential “flush-out” of weak hands that could pave the way for more sustainable gains

After peaking at a new all-time high of $124,500, Bitcoin has retraced approximately 7.6%, dipping below $116,000. Recent on-chain data reveals that over 22,000 BTC held by short-term investors (those holding under 155 days) have been offloaded at a loss, reflecting panic selling. While some analysts warn of further downside toward the $110K–$112K demand zone, others see this as a potential “flush-out” of weak hands that could pave the way for more sustainable gains