Peter Thiel Acquires 9.1% Stake in ETH Strategic Reserve Firm BitMine
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Odaily Planet Daily News: SEC filings show that Peter Thiel, PayPal co-founder and renowned Silicon Valley venture capitalist, has acquired a 9.1% stake in BitMine Immersion Technologies. BitMine was originally a Bitcoin mining company but has since transformed into an ETH strategic reserve company. On July 14, the company disclosed that it held 163,142 ETH, valued at over $500 million.
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