Peter Thiel-backed Founders Fund Invests A Massive $200 Million In Bitcoin and Ethereum

Institutional investments in Bitcoin ($BTC) and Ethereum ($ETH) have been soaring over the past few months! A recent Reuters report suggests that Peter Thiel-backed Founders Fund invested a hefty $200 million in these two cryptocurrencies in late summer 2023. Also, the fund has reportedly split its $200 million investment into equal amounts in $BTC and $ETH.