Just months after Facebook’s IPO, billionaire PayPal cofounder Peter Thiel cashed out at $20 a share. But they’d be worth 37 ...

Just months after Facebook’s IPO, billionaire PayPal cofounder Peter Thiel cashed out at $20 a share. But they’d be worth 37 times more today—or nearly, $15 billion.

The development comes as interest in Ethereum reserves rises, with BitMine surpassing $500 million in holdings.

Yet at the end of last year, Thiel filed with the Securities & Exchange commission a Rule 10b5-1 plan to sell some 28.6 million shares of Palantir by the end of 2025.

Funded by Anduril cofounder Palmer Luckey and Palantir cofounder Joe Lonsdale, the new bank—named, like their companies, ...

Thiel remains one of the largest shareholders in Palantir, which has a market cap around $83 billion as of this writing. He also holds super-voting shares along with his co-founders, ensuring the ...

Billionaire Peter Thiel was Facebook’s first outside investor, but he may now have regrets for how soon he cashed out. Just months after the tech company’s IPO, he sold millions of shares for $20 each ...