-Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn't clear whether Founders had sold any of its holdings, the report says.
-Bitcoin rises more than 11 percent to trade near $14,711, according to Coinbase.
With a famous investor like Thiel patronizing Bitcoin, could this be really a good thing for Bitcoin; would other famous investors do the same?
Source: https://www.cnbc.com/2018/01/02/bitcoin-rises-after-report-says-early-facebook-investor-peter-thiel-is-buying-massive-amounts.html
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcointelegraph.com%2Fimages%2F725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wZDk4ZjMwYjhhMmMzMTQ0ZWM1YjhhOWRkNzQ5ZmFkMS5wbmc%3D.jpg&t=667&c=ZIezbHXZmCcHhA)
I'm sure in the future many famous investors will do the same thing as Thiel