Peter Thiel $1.8B Bitcoin Profit, $200M BTC/ETH Reentry
Peter Thiel, the paypal co-founder and founders fund ogbonge guy, start dey buy Bitcoin for 2014, e sell am before the 2022 crash, make smart 1.8 billion dollar profit. E support Ethereum co-founder Vitalik Buterin through the Thiel Fellowship, plus e put money for projects like BitPay, Block.one (EOS), Bullish and Layer1 mining. For 2023, Peter Thiel enter crypto market again with 200 million dollar to spend on Bitcoin and Ethereum when BTC dey below 30,000 dollar and ETH under 1,900 dollar. By middle 2025, im 9.1% stake for BitMine Immersion Technologies con make im shift to one Ethereum treasury wey get 1.2 million ETH (~5 billion dollar), make the price of the shares carry go up almost 15%. Peter Thiel big buys and institutional moves show say e long term pikin for crypto and e fit mean say Bitcoin and Ethereum markets fit go high.
Bullish
Peter Thiel dem strategic actions—sell early for $1.8 billion Bitcoin profit, come back with $200 million for lower price levels, plus shift BitMine treasury to 1.2 million ETH—show say institutional confidence for Bitcoin and Ethereum dey grow. Short term, these big moves fit trigger buying pressure and good market feeling, wey usually dey before price rally. Long term, him continued investment plus public support dey back wider institutional adoption, dey strengthen Bitcoin as digital gold story and boost Ethereum appeal as treasury asset.