From Investing.com:

Peter Thiel’s Founders Fund invested $200 million in bitcoin and ether before the ongoing crypto bull run, reveals Reuters. The venture capital firm split the investment equally between the two top cryptocurrencies by market cap. This move follows a resurgence of interest in the cryptocurrency sector from Silicon Valley, marking renewed engagement from institutional investors. The average purchase price of the cryptocurrencies could not be determined.



Read more: Peter Thiel’s VC firm injected $200 million in bitcoin and ether before bull run By Investing.com