Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies, gaining control over 5,094,000 shares. This acquisition indicates a growing interest among institutional investors in companies that hold substantial digital assets.
BitMine has solidified its position in the Ethereum space, as it recently disclosed holdings of around 163,000 ETH valued at approximately 500 million USD, highlighting a strategic approach similar to other major players in the crypto market.
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