July 17, 2025

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

1 min read

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

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