Report: Peter Thiel's VC fund has a bitcoin bet worth hundreds of millions

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January 2, 2018
Peter Thiel's Founders Fund placed a bet on bitcoin that is now reportedly worth hundreds of millions of dollars. The Wall Street Journal cited unnamed sources in a story on Tuesday that said the fund co-founded by the early Facebook investor and PayPal co-founder bought its bitcoin stake for around $15 million to $20 million....

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