"Peter Thiel's Founders Fund's $200M Crypto Investment Before Bull Run"
TL;DR Summary
Peter Thiel's Founders Fund made a $200 million investment in bitcoin and ether before the recent bull run, selling most of its crypto holdings for $1.8 billion just before the 2022 crypto winter. Thiel has been a long-time proponent of bitcoin, and the fund's investment in BTC and ETH has seen significant gains as bitcoin rose nearly 124% and ether 75% in the last 12 months, according to CoinDesk Indicies data.
- Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters CoinDesk
- Exclusive: Peter Thiel's Founders Fund made $200 million crypto investment before bull run Reuters
- Briefing: Founders Fund Realized $1.8 Billion Gain From Crypto Before Crash, Bought More Last Year The Information
- Exclusive-Peter Thiel's Founders Fund made $200 million crypto investment before bull run Yahoo Finance
- Founders fund backs bitcoin, ether investments, reflecting renewed silicon valley interest in crypto WION
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 1 min read
Condensed
62%
186 → 71 words
Want the full story? Read the original article
Read on CoinDesk