Peter Thiel has invested over 15 million dollars in Bitcoin
PayPal co-founder, founder of a venture capital fund, one of the first investors on Facebook - Peter Thiel, bought Bitcoins for over 15 million dollars through various investment funds. Although it is not entirely clear when transactions have been made or whether any of the funds have already sold any of the digital assets, it is known that the investments began in mid-2017.
Half a year ago, Bitcoin's price ranged from $ 2,000 to $ 3,000. If Thiel has shot at the perfect moment, he may be currently in possession of 7,500 Bitcoins. As of today, they have a value of over USD 110 million.
We can only guess if Thiel bought a cryptocurrency for speculative purposes or maybe he believes in the idea of bitcoin.
Thiel is part of the elite establishment - what's he doing buying Bitcoin!