Founders Fund reduces its stake in Bitmine by half, currently holding approximately 2.547 million shares

BlockBeats News, November 15th, According to a filing with the U.S. Securities and Exchange Commission (SEC), Founders Fund, the venture capital firm led by billionaire and top Silicon Valley investor Peter Thiel, has sold half of its stake in Bitmine. Currently, it holds 2,547,001 shares of the company.

Earlier reports indicated that Peter Thiel's Founders Fund Growth II Management disclosed that it held a 9.1% stake in BitMine Immersion Technologies as of July 8th.