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PayPal co-founder Peter Thiel has reduced his stake in Bitmine by half, currently holding approximately 2.547 million shares.
PANews, November 15 news, according to documents submitted to the US SEC, the venture capital firm Founders Fund, led by PayPal co-founder Peter Thiel, has sold half of its stake in Bitmine. It currently holds 2,547,001 shares in the company. According to previous reports, PayPal co-founder Peter Thiel, through his related entities, holds a total of 5,094,000 shares of common stock in BitMine Immersion Technologies, Inc. (stock code: 09175A206), accounting for 9.1% of the company's issued shares.