Billionaire Peter Thiel's foundation invested $200 million in Bitcoin and Ethereum
The Founders Fund invested $200 million in Bitcoin and Ethereum in the second half of 2023, starting to purchase Bitcoin at a rate below $30,000, and then purchased additional BTC and ETH over the course of several months.

Thiel, whose fortune Forbes estimates at $7.4 billion, helped found PayPal in 1998 and went on to become one of Silicon Valley's most successful investors. Founders Fund first invested in Bitcoin in early 2014.
Billionaire Peter Thiel's foundation invested $200 million in Bitcoin and Ethereum The Founders Fund invested $200 million in Bitcoin and Ethereum in the second half of 2023, starting to purchase Bitcoin at a rate below $30,000, and then purchased additional BTC and ETH over the course of several months.

Thiel, whose fortune Forbes estimates at $7.4 billion, helped found PayPal in 1998 and went on to become one of Silicon Valley's most successful investors. Founders Fund first invested in Bitcoin in early 2014.