PayPal co-founder Peter Thiel has acquired a 9.1% stake in the ETH strategic reserve company BitMine

2025-07-16 10:16:11

ChainCatcher news, SEC filings show that PayPal co-founder and Silicon Valley venture capital giant Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies. BitMine was originally a Bitcoin mining company but has now transformed into an ETH strategic reserve company. On July 14, the company disclosed that it holds 163,142 ETH, worth over $500 million.