Peter Thiel’s Founders Fund has exited its ETHZilla Ether treasury position, pointing to market volatility and pressure on its balance sheet. The move highlights wider difficulties for public Ether treasury strategies among institutional holders.

Shares of Bitmine Immersion Technologies jumped nearly 15% following tech billionaire Peter Thiel's announcement of a 9.1% stake in the company. This significant investment highlights growing interest from high-profile crypto supporters.