Peter Thiel has acquired a 9.1% stake in BitMine, the ETH strategic reserve company

2025-07-16 02:10

Odaily News SEC documents show that PayPal co-founder and Silicon Valley venture capital giant 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 held 163,142 ETH, worth more than $500 million.

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