Founders Fund, founded by Silicon Valley mogul Peter Thiel, has reduced its stake in Bitmine by half, currently holding approximately 2.547 million shares.

According to a filing with the U.S. Securities and Exchange Commission (SEC), Founders Fund, a venture capital firm led by billionaire and top Silicon Valley investor Peter Thiel, has sold half of its stake in Bitmine. It currently holds 2,547,001 shares in the company.