According to CoinDesk Indicies data, bitcoin (BTC) has increased nearly 124% in the last 12 months, while ether (ETH) has risen 75%.
Thiel has long been a proponent of bitcoin, linking its price rise to a critique of central banks and fiat money.
Founders Fund made a previous investment in bitcoin to the tune of $15 to $20 million during the 2017-2018 bull market.
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