Foresight News reports that SEC filings show that PayPal co-founder and Silicon Valley venture capital patriarch Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies. BitMine was originally a Bitcoin mining company but has now transformed into an ETH strategic reserve company. On July 14, the company disclosed that it holds 163,142 ETH, valued at over $500 million.
Silicon Valley venture capital patriarch Peter Thiel has acquired a 9.1% stake in the ETH strategic reserve company BitMine
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
3,149.5
+5.95%
BTC
118,899.99
+1.79%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Foresight_News