Bitcoin Bet Wins Big for Peter Thiel

Submitted by C Costigan on

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C Costigan

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As reported yesterday, Peter Thiel's Founders Fund hopes to capitalize big on the Bitcoin craze.

Benchmark Managing Partner Kevin Kelly, Wall Street Journal Editorial Board Member Mary Kissel and FBN's Dagen McDowell discussed PayPal co-founder Peter Thiel's Founder's Fund's investment in bitcoin.

Kelly noted that "you are starting to see the world's largest investors get into it after the world's largest futures exchange."

Bitcoin was trading at just shy of $15000 Wednesday morning Eastern Time.


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