Peter Thiel's Founders Fund made a bet on bitcoin that's now worth hundreds of millions of dollars

Business Insider Peter ThielPeter Thiel
Tuesday, 2 January 2018 ()

Peter Thiel's Founders Fund made a bet on bitcoin that's now worth hundreds of millions of dollars· *Founds Fund, the venture capital firm co-founded by tech billionaire Peter Thiel, has made hundreds of millions of dollars on bitcoin investments, according to the Wall Street Journal.*
· *The firm reportedly put between $15 million and $20 million into the cryptocurrency, and made a lot of money as bitcoin's value...
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News video: Cryptocurrency Bitcoin Took Wild, Volatile Ride in 2017

Cryptocurrency Bitcoin Took Wild, Volatile Ride in 2017 01:40

When bitcoin topped $1,000 on its first day of trading in 2017, people questioned if it would be a fad or if the cryptocurrency was here to stay.