The Founder’s Fund, led by Peter Thiel, former CEO of PayPal, has invested a whopping $200 million in Bitcoin and Ethereum in 2023.
Peter Thiel: The former CEO of PayPal’s fund has invested in Bitcoin and Ethereum in 2023
Last year, Peter Thiel’s fund, former CEO of PayPal, invested a whopping 200 million dollars in Bitcoin and Ethereum.
It is revealed by Reuters, which claims that the venture capital company founded by billionaire Peter Thiel, Founders Fund, would have invested a substantial amount between summer and autumn 2023.
A renewed interest from Silicon Valley in the crypto-market, therefore, with the investment taking place before the latest price surge of cryptocurrencies.
The Thiel fund has invested $200 million, half ($100 million) in BTC and the other half ($100 million) in ETH.
The present investment in crypto is not the first by Founders Fund. In fact, already in 2014, the fund would have started aggressively buying Bitcoin, but they were liquidated befo
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