[PayPal Co-Founder Peter Thiel Reduces Bitmine Holdings to Approximately 2.547 Million Shares]
According to documents submitted to the U.S. SEC, Founders Fund, the venture capital firm led by PayPal co-founder Peter Thiel, has sold half of its holdings in Bitmine, now holding 2,547,001 shares. Previously, Peter Thiel, through related entities, held a total of 5,094,000 common shares of BitMine Immersion Technologies, Inc. (Stock Code: 09175A206), accounting for 9.1% of the company's issued shares.