ZyCrypto
2025-07-16 18:45:19

Ethereum’s Rocket Flight To New Record Highs Beckons As Billionaire Peter Thiel Buys Stake In ETH Treasury Firm

Billionaire venture capitalist Peter Thiel, best known for co-founding payments giant PayPal, has bet big on Ethereum (ETH). Funds and entities affiliated with Thiel acquired a 9.1% stake in Bitmine Immersion Technologies, the Ether treasury strategy firm chaired by Fundstrat’s Tom Lee. This bullish move by the prominent tech investor sparked optimism that the altcoin

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.