July 16, 2025

Peter Thiel Backs $500M Ethereum Treasury Company Bitmine, BMNR Stock Shoots 12%

PayPal founder and billionaire investor Peter Thiel secured a 9% stake in Tom Lee’s BitMine Immersion Technologies (NYSE: BMNR), in a strong vote of confidence for the Ethereum Treasury company. The BMNR stock price gained 12.54% in the after-hours on Monday following this development. This recent stake purchase by Peter Thiel comes Bitmine acquired $500

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