Peter Thiel has acquired a 9.1% stake in ETH strategic reserve company BitMine

(Translated by AI)
SEC filings show that PayPal co-founder and Silicon Valley venture capital guru Peter Thiel has acquired 9.1% of the shares of 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 held 163,142 ETH, worth over $500 million. [Odaily Planet Daily News]