$SXT Coin World News. On May 18, Tim Draper, an early investor in Tesla and Skype, stated in an interview, 'I have been continuously buying more Bitcoin.' Tim Draper acquired approximately 29,656 Bitcoins for about $19 million at an auction held by the U.S. Marshals Service in July 2014, with an average purchase price of about $640. These Bitcoins were seized by the U.S. government during the Silk Road enforcement action. Tim Draper has repeatedly expressed optimism about Bitcoin's future potential, believing that Bitcoin can provide liquidity for emerging markets and act as a safeguard against currency devaluation.