Peter Thiel’s $1.8B Bitcoin Profit, $200M BTC/ETH Reentry
Peter Thiel, co-founder of PayPal and founder of Founders Fund, began buying Bitcoin in 2014 and sold before the 2022 crash, realizing $1.8 billion in profit. He supported Ethereum co-founder Vitalik Buterin via the Thiel Fellowship and invested in projects like BitPay, Block.one (EOS), Bullish and Layer1 mining. In 2023, Peter Thiel reentered the crypto market with a $200 million allocation to Bitcoin and Ethereum when BTC was below $30,000 and ETH under $1,900. By mid-2025, his 9.1% stake in BitMine Immersion Technologies prompted a shift to an Ethereum treasury of 1.2 million ETH (~$5 billion), lifting its share price by nearly 15%. Peter Thiel’s large-scale purchases and institutional moves reinforce his long-term crypto commitment and signal potential bullish momentum in Bitcoin and Ethereum markets.
Bullish
Peter Thiel’s strategic actions—selling early for a $1.8 billion Bitcoin gain, reentering with $200 million at lower price levels, and shifting BitMine’s treasury to 1.2 million ETH—underscore growing institutional confidence in Bitcoin and Ethereum. In the short term, these high-profile moves can trigger buying pressure and positive market sentiment, often preceding price rallies. Long term, his continued investment and public endorsements support wider institutional adoption, reinforcing Bitcoin’s digital gold narrative and boosting Ethereum’s appeal as a treasury asset.