Peter Thiel Acquires 9.1% Stake in BitMine, Driving Shares Up 12.5% After-Hours
Billionaire investor Peter Thiel has acquired a 9.1% stake in crypto mining company BitMine Immersion Technologies, prompting a sharp surge in the company’s shares during after-hours trading on Tuesday. Thiel purchased 5.09 million shares of BitMine via his venture capital firm, Founders Fund, according to a regulatory filing. Following the ...
