According to The Wall Street Journal (WSJ), the Founders Fund, a venture company owned by Peter Thiel, invested millions in bitcoin.

It is reported that the Fund invested 15-20 million dollars in bitcoin. Since January 1, 2017, the BTC has grown by almost 1400 percent.

From the Wall Street Journal article, it is unclear whether the fund sold part of its assets or not.

Til, co-founder of PayPal and an early Facebook investor, also is on the advisory board of President Trump. At the October investment conference, Till spoke positively about the crypto-currencies and, in particular, about bitcoin, stating:

Although I am skeptical of most cryptocurrencies, I really think that people slightly underestimate bitcoin, in part, because it looks like a reserve form of money. If bitcoin becomes a cyber equivalent of gold, it has great potential.

Market reaction
After The Wall Street Journal reported on Founder Fund investments in BTC, the price of the number one cryptocurrency increased, and over the past few hours it grew by almost 14 percent and reached a peak at $ 15,444 per coin. At the time of publication, the bitcoin price has slightly decreased and is around $ 14,600.

Meanwhile, the dominance of BTC reached a new record low of 34.97 percent, which reflects the increased interest of the market towards the Altoken.

There are other well-known investors who bet on bitcoin, for example, Bill Miller, who told reporters in mid-December that 50 percent of his hedge fund was invested in leading cryptocurrency.