Peter Thiel's Venture Capital Company Is Apparently Big Into Bitcoin

Newsy Peter ThielPeter Thiel
Wednesday, 3 January 2018 ()

Peter Thiel's Venture Capital Company Is Apparently Big Into BitcoinWatch VideoBitcoin got a bit of a new year bump thanks in part to Silicon Valley venture capitalist Peter Thiel.

According to The Wall Street Journal, Thiel's VC company Founders Fund spent around $15 to $20 million in the past buying bitcoin. The Journal says the company claims its investment is now worth hundreds of...
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News video: Peter Thiel's Company Bets Big on Bitcoin

Peter Thiel's Company Bets Big on Bitcoin 00:44

A Wall Street Journal report says Peter Thiel's company spent millions to buy bitcoin before the cryptocurrency's recent boom.