Peter Thiel Holds Significant Stake in BitMine Immersion Technologies

According to PANews, recent filings from the U.S. Securities and Exchange Commission reveal that PayPal co-founder Peter Thiel, through his affiliated entities, holds 5,094,000 shares of BitMine Immersion Technologies, Inc., representing 9.1% of the company's issued shares. Earlier this week, BitMine, a publicly traded company, disclosed its holdings of approximately 163,100 Ethereum (ETH), valued at over $500 million.