{"id":67419,"date":"2025-07-16T14:21:11","date_gmt":"2025-07-16T14:21:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/67419\/"},"modified":"2025-07-16T14:21:11","modified_gmt":"2025-07-16T14:21:11","slug":"peter-thiel-just-bought-a-big-stake-in-tom-lees-ether-company-and-the-shares-are-surging","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/67419\/","title":{"rendered":"Peter Thiel just bought a big stake in Tom Lee&#8217;s ether company and the shares are surging"},"content":{"rendered":"<p>Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.\u00a0<\/p>\n<p>Eva Marie Uzcategui | Bloomberg | Getty Images<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Bitmine (BMNR) 1-month<\/p>\n<p>The current wave of interest in Ethereum and related assets follows an announcement by\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/HOOD\/\" target=\"_blank\" rel=\"noopener\">Robinhood<\/a> that it will\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/06\/30\/robinhood-crypto-cannes.html\" target=\"_blank\" rel=\"noopener\">enable trading of tokenized U.S. stocks<\/a>\u00a0and ETFs across Europe, and a groundswell of interest in stablecoins throughout June following\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/06\/05\/stablecoin-issuer-circle-soars-in-nyse-debut-after-pricing-ipo-above-expected-range.html\" target=\"_blank\" rel=\"noopener\">Circle&#8217;s wildly successful IPO<\/a>\u00a0and ongoing progress in Congress on the Senate&#8217;s proposed stablecoin bill, the GENIUS Act.<\/p>\n<p>The price of <a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\" target=\"_blank\" rel=\"noopener\">ether<\/a> itself also continued its rally, up more than 4% Wednesday. The coin has doubled in price in the past three months.<\/p>\n<p>Thiel is a venture capitalist and hedge fund manager best known as a cofounder of both <a href=\"https:\/\/www.cnbc.com\/quotes\/PYPL\/\" target=\"_blank\" rel=\"noopener\">PayPal<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/PLTR\/\" target=\"_blank\" rel=\"noopener\">Palantir<\/a> and an early investor in <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>. Founders Fund was an investor in Tagomi, the crypto brokerage acquired by <a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a> in 2020, and Polymarket, the prediction market built on Ethereum.<\/p>\n<p>Don&#8217;t miss these cryptocurrency insights from CNBC Pro: <\/p>\n","protected":false},"excerpt":{"rendered":"Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during&hellip;\n","protected":false},"author":3,"featured_media":67420,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[47642,8186,47644,7789,133,64,81,25798,821,47643,3346,135,3747,26768,47645,158,67,132,68],"class_list":{"0":"post-67419","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bit-digital-inc","9":"tag-bitcoin-usd-coin-metrics","10":"tag-bitmine-immersion-technologies-inc","11":"tag-breaking-news-investing","12":"tag-breaking-news-markets","13":"tag-business","14":"tag-business-news","15":"tag-coinbase-global-inc","16":"tag-cryptocurrency","17":"tag-ethereum-usd-coin-metrics","18":"tag-investment-strategy","19":"tag-markets","20":"tag-meta-platforms-inc","21":"tag-palantir-technologies-inc","22":"tag-paypal-holdings-inc","23":"tag-technology","24":"tag-united-states","25":"tag-unitedstates","26":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114863360104107507","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/67419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=67419"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/67419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/67420"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=67419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=67419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=67419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}