💥 Peter Thiel Bets on Ethereum: Billionaire Acquires Stake in ETH Treasury Giant BitMine
🧠 Co-founder of PayPal and legend of Silicon Valley Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies — a public company whose business model is based on the accumulation and staking of Ethereum.
📊 Under the leadership of Tom Lee (Fundstrat), BitMine already owns 163,000 ETH ($500 million). Just in the past week, the company's assets have doubled.
According to SEC documents, Thiel gained joint management rights and became one of the key voices in the company's strategy.
🔥 Why This Matters:
— Thiel is not buying Ether directly; he is entering a business that turns ETH into a reserve asset
— This is a strategic bet on the future yield and scarcity of Ether
— BitMine is the equivalent of MicroStrategy, but on Ethereum
⚠️ Given the trend of institutional accumulation of ETH and growing interest in staking, the emergence of a major player, who is not inclined to sell, could trigger a new growth impulse.
📈 In an era when Ethereum liquidity is tightening, every major buyer amplifies supply shock. And when billionaires with access to public markets enter the game — it is no longer speculation, but a new phase of institutionalization of ETH.