{"id":72802,"date":"2023-01-19T17:20:13","date_gmt":"2023-01-19T15:20:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72802"},"modified":"2025-09-09T10:25:17","modified_gmt":"2025-09-09T07:25:17","slug":"peter-thiels-founders-fund-liquidates-bitcoin-ahead-of-market-crash","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/peter-thiels-founders-fund-liquidates-bitcoin-ahead-of-market-crash\/","title":{"rendered":"Peter Thiel&#8217;s Founders Fund Liquidates Bitcoin Ahead of Market Crash"},"content":{"rendered":"<p>Peter Thiel&#8217;s Founders Fund liquidated its position in the first cryptocurrency, earning $1.8 billion. According to informed sources, the <a href=\\\"https:\/\/www.ft.com\/content\/0a1d5597-7145-4035-987b-ff033bba3d75\\\"> Financial Times<\/a> reports.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Founders Fund&#8217;s first investments in Bitcoin took place in 2014. The asset\u2019s share of its total <span data-descr=\\\"assets under management\\\" class=\\\"old_tooltip\\\">AUM<\/span> at its peak totaled as much as two-thirds.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Sales were executed as the market declined, the bulk of them occurring in March 2022.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>This moment coincided with<a href=\"https:\/\/forklog.com\/en\/news\/peter-thiel-names-bitcoins-main-enemies-calls-buffett-a-sociopathic-grandpa-from-omaha\"> Thiel&#8217;s remarks<\/a> at the Bitcoin 2022 conference in Miami, where he noted that he was optimistic about Bitcoin&#8217;s future due to \\&#8221;the end of the fiat regime.\\&#8221; He suggested that digital gold could rise a hundredfold from the $44,000 mark at the time.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Founders Fund invests in \u201crevolutionary technologies that change the way we interact with the world,\u201d according to the group&#8217;s website. Earlier, it invested in <a href=\"https:\/\/forklog.com\/en\/news\/bank-of-america-and-coinbase-ventures-join-paxos-as-strategic-investors\">Paxos<\/a>, NFT platform <a href=\"https:\/\/forklog.com\/en\/news\/paradigm-and-founders-fund-invest-in-dj-3laus-nft-platform\">Royal<\/a>, and the decentralized autonomous organization <a href=\"https:\/\/forklog.com\/en\/news\/bitdao-raises-230m-from-peter-thiel-and-alan-howard\">BitDAO<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Founders Fund&#8217;s assets under management amount to $11 billion.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Thiel has long been a proponent of digital assets. In 2017, he said that people were underestimating Bitcoin&#8217;s potential. In October 2020, he<a href=\"https:\/\/forklog.com\/en\/news\/peter-thiel-rues-underinvestment-in-bitcoin\"> spoke<\/a> of regrets about insufficient investments in the first cryptocurrency.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In January 2022, billionaire Bill Miller revealed that <a href=\"https:\/\/forklog.com\/en\/news\/bill-miller-reveals-size-of-his-personal-bitcoin-investment\"> he had invested a portion of his fortune<\/a> in Bitcoin and altcoins. As prices rose, these investments accounted for up to half of his personal savings at the time.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\u201d\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peter Thiel&#8217;s Founders Fund liquidated its position in the first cryptocurrency, earning $1.8 billion, according to informed sources cited by the Financial Times.<\/p>\n","protected":false},"author":1,"featured_media":72803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,706],"class_list":["post-72802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-peter-thiel"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72802"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72802\/revisions"}],"predecessor-version":[{"id":72804,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72802\/revisions\/72804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72803"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}