PayPal co-founder Peter Thiel confirmed on CNBC that he owns the first cryptocurrency, but questioned the significant increase in the price of the asset.
https://youtu.be/_NwdcWYXWPU?si=b_cduq3xnpZ5yOCc"I still have some [bitcoins]. I didn't buy as much as I should have," he said.
At the same time, Thiel is not sure "that it will continue to grow so sharply."
At the time of writing, the first cryptocurrency is trading at around $61,000. Over the past day, the drop was 0.9%, according to CoinGecko.
The 15-minute BTC/USDT chart of the Binance exchange. Data: TradingView.The PayPal co-founder spoke about his regrets due to insufficient investments in digital gold in 2021. He is a long—time supporter of cryptocurrencies - back in 2017, the entrepreneur said that people underestimate the potential of bitcoin.
The billionaire-founded venture capital firm Founders Fund invests in a digital asset-related business. Previously, she supported Paxos, the Royal NFT platform and the decentralized autonomous organization BitDAO.
In January 2023, it became known that the venture company liquidated its position in the first cryptocurrency, earning $1.8 billion. Sales were allegedly carried out as the market declined, the vast majority of them occurred in March 2022.
In February 2024, sources told Reuters about the Founders Fund's investments in the first and second cryptocurrencies. According to their data, the amount amounted to $200 million.
Recall that in June, the author of the bestseller "Rich Dad, poor Dad" and entrepreneur Robert Kiyosaki announced the growth of bitcoin to $ 300,000 by August 25. According to him, digital gold is the easiest way to become a millionaire.