Peter Thiel's 9.1% Stake Spurs 15% Surge in Bitmine Immersion Technologies Shares

Published at 2025-07-22 15:08:54
Peter Thiel's 9.1% Stake Spurs 15% Surge in Bitmine Immersion Technologies Shares – cover image

Tech billionaire Peter Thiel, well-known for his early support and investment in bitcoin, has disclosed a 9.1% stake in Bitmine Immersion Technologies. Following the regulatory filing made after market close on Tuesday, shares of Bitmine surged nearly 15%, reflecting investor excitement about the move.

Thiel's involvement signals strong confidence in Bitmine's future, reinforcing the company's position in the crypto mining and technology space. For crypto enthusiasts looking to capitalize on market movements and expand their holdings, platforms like Bitlet.app offer innovative services such as Crypto Installment, enabling users to buy cryptocurrencies now and pay monthly. This flexibility makes it easier to invest strategically in emerging players influenced by high-profile backers like Peter Thiel.

Stay tuned for more updates on crypto investments and explore Bitlet.app to discover convenient ways to grow your crypto portfolio with manageable payments.

Bitlet.appBitcoinCrypto InvestmentPeter ThielBitmine
Share on:

Related news

Exodus Launches 'Exodus Pay' to Turn Bitcoin Wallet into Spending App

Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

ExodusPaymentsSelf-CustodyBitcoinWallets
Published at 2026-04-10 16:45:35
Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

MiningAIDeleveragingHashrateBitcoin
Published at 2026-04-10 05:45:15
Morgan Stanley’s Cut-Rate Bitcoin ETF Sparks Industry Fee War

Morgan Stanley launched the MSBT Bitcoin ETF with a 0.14% fee, undercutting BlackRock’s IBIT and intensifying an issuer fee war. The move could shift investor flows and compress margins across the digital-asset ETF market.

ETFInstitutionalFeesMorgan StanleyBitcoin
Published at 2026-04-10 00:45:09
MarketVector and Coinbase Launch Bitcoin–Tokenized Gold Index

MarketVector and Coinbase unveiled an index tracking Bitcoin (BTC) alongside tokenized gold tokens PAXG and XAUT, highlighting a blended benchmark for digital and hard-asset value. The launch reflects growing interest in crypto as a store of value as Bitcoin’s equity correlation rises and gold posts stronger returns.

BitcoinTokenizationCoinbaseGoldIndexMarketVector
Published at 2026-04-09 16:30:39
NYT Names Adam Back as Satoshi; Back Denies, Ripple CTO Says 'Case Closed'

The New York Times published an 18‑month investigation linking Adam Back to Satoshi Nakamoto using stylometric analysis, interviews, and historical research; Back has denied the claim. Ripple’s CTO responded by calling the matter 'case closed' as the crypto community digests the report.

BitcoinAdam BackSatoshiRippleXRPJournalism
Published at 2026-04-09 13:15:12
No tags to show yet.