Peter Thiel Invests in Ethereum-Based Crypto Companies Again, What’s the Strategy?

Jakarta, Pintu News – Tech billionaire and PayPal founder Peter Thiel has shaken up the cryptocurrency world again with his latest investment move. This time, Thiel, through an entity he manages, bought a 7.5% stake in ETHZilla, a public company that is now focused on being an Ethereum (ETH) treasury.

The move had an immediate impact on the company’s share price, which jumped more than 207% in just a day. ETHZilla is a rebranding of 180 Life Sciences, a biotechnology company that has made the switch to digital assets.

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ETHZilla and the Drastic Spike in Stock Price

After the announcement of Thiel’s investment broke on Tuesday, ETHZilla’s share price immediately jumped sharply. From closing at IDR54,320 ($3.34 equivalent) on Monday, the shares closed at IDR166,208 ($10.24) the next day.

This rise reflects market optimism about ETHZilla’s potential as an institutional Ethereum store. It is also clear evidence that the involvement of a big name like Thiel can trigger extreme positive sentiment in the market.

ETHZilla is not the only company to receive an injection of funds from Peter Thiel and his venture capital, Founders Fund. A few weeks earlier, they also bought a 9.1% stake in BitMine, another publicly traded company that has accumulated more than Rp81 trillion ($5 billion) in Ethereum.

BitMine even plans to raise more than an additional $325 trillion ($20 billion) to expand their ETH holdings. Both companies are now part of a new trend in the crypto world: publicly traded companies keeping Ethereum as a key strategy.

Also read: Gold Jewelry Price Today, Wednesday August 13, 2025, Up or Down?

Peter Thiel’s Role in the Global Crypto Ecosystem

Peter Thiel is not a new player in the cryptocurrency industry. He and Founders Fund have backed various big projects in the crypto space, ranging from centralized exchanges like Bullish and Bitpanda, to blockchain networks like Layer N and prediction platform Polymarket.

His early involvement in the Ethereum ecosystem dates back to 2014, when he gave a grant of Rp1.6 billion ($100,000) to Vitalik Buterin, one of the founders of Ethereum, to support the early development of the protocol. The investment is now considered one of the starting points of Ethereum’s (ETH) success as the world’s second-largest cryptocurrency after Bitcoin (BTC).

Outside of the crypto world, Thiel is also known as an influential figure in US politics and tech policy. He was instrumental in introducing JD Vance, now US Vice President, to President Trump in 2021.

Several of his former colleagues now hold important positions in government, including as head of AI and crypto strategy. This indicates that Thiel’s involvement in the crypto sector is not just limited to business, but also influences the direction of national regulations and policies.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Decrypt. ETHZilla Ethereum Treasury Stock Skyrockets After Peter Thiel Buys Stake. Accessed August 14, 2025
• Featured image: Los Angeles Time