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This is a bit awkward – even Silicon Valley guru Peter Thiel is playing "short-term"?
The affiliated fund Founders Fund has recently been selling off aggressively:
Bitmine $BMNR has directly cut its position by half, now only 2.547 million shares remain.
ETHZilla $ETHZ 's holdings are also quietly declining, with 928,300 shares held on September 30, accounting for 5.6%; on August 4, it accounted for 7.5%.
In other words, Peter Thiel reduced his holdings of ETHZilla stock by 1.9% within two months.
As of now, BitMine holds 3,505,723 $ETH ; ETHZilla holds 102,273 ETH.