According to Foresight News, Founders Fund, a venture capital firm founded by PayPal co-founder Peter Thiel, purchased $200 million worth of cryptocurrencies in late summer to early autumn last year. Half of the investment was in Bitcoin, and the other half was in Ethereum. Sources stated that when Founders Fund bought Bitcoin last summer, the average price was below $30,000.
Founders Fund Purchased $200 Million in Cryptocurrencies Last Year
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