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PayPal co-founder Peter Thiel has reduced his stake in Bitmine by half, currently holding approximately 2.547 million shares.

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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.

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