Peter Thiel’s investment firm, Founders Fund, has acquired a significant stake in US-listed Bitcoin miner BitMine Immersion Technologies Inc. The company recently shifted its focus to pursue a treasury strategy tied to Ether, or Ethereum’s cryptocurrency equivalent.
Founders Fund, along with other investors including Pantera and FalconX, recently purchased around 5 million shares of BitMine’s stock. This deal was led by MOZAYYX, which now holds a 9.99% stake in the business. Founders Fund has taken on around 9.1% ownership through this transaction.
Source: https://www.bloomberg.com/news/articles/2025-07-16/peter-thiel-s-founders-fund-holds-9-1-stake-in-ether-treasury-firm-bitmine