As CCN had previously stated, he has invested millions of dollars in the fund's bitcoin. This is Peter Thiel as the billionaire entrepreneur and venture capitalist and founder of his VC firm. This is another billionaire investor Mike Nowogratz, who boldly claimed by an active lawyer of Bitcoin. This price of Bitcoin can be $ 8,000, and has canceled its plan to launch a cryptocurrency-focused hedge fund. In relation to these price trends of bitcoin provided by many analysts, THEL's investment has come after negative short-term predictions.
Source - https://www.ccn.com/contrary-many-analysts-billionaire-peter-thiel-optimistic-bitcoin/