Bitcoin Universe
Bitcoin Universe: Daily Update
Peter Thiel’s Bold Bet on Bitcoin Mining
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Peter Thiel’s Bold Bet on Bitcoin Mining

The top 3 Bitcoin updates you need to know — every weekday, in under 3 minutes — to make your next move with confidence.

1. Peter Thiel Buys 9% of Crypto Miner Bitmine

Peter Thiel now owns 9.1% of crypto mining company Bitmine Immersion Technologies.

The billionaire PayPal cofounder and early Facebook investor made the move into Bitmine, which holds around 154 Bitcoin and 163,000 Ether, valued at over $500 million.

Bitmine stock jumped 15% on the news. Some see it as a strong vote of confidence, not just in Bitmine, but in the long-term value of Bitcoin and Ethereum.

Bloomberg ETF analyst Eric Balchunas says, “Bitcoin exposure is no longer fringe — it’s now part of institutional portfolio theory.”


2. UK Crime Officer Jailed for Stealing Seized Bitcoin

A former naval officer with Britain’s National Crime Agency has been sentenced to five and a half years in prison for stealing £4.4 million worth of Bitcoin. The BTC was part of a seizure from a Silk Road–related drug bust.

It’s a reminder that even law enforcement isn’t immune to the temptation of untraceable digital assets — and why secure custody still matters at every level.

Chainalysis VP Ulisse Dell’Orto says, “Human weakness — not technology — remains the biggest vulnerability in Bitcoin security.”


3. Altcoins Are Popping as Crypto Bills Advance

Bitcoin slipped slightly to around $118,000 this morning in New York City — but altcoins are popping:

  • Ethereum +9.5%

  • XRP +7.7%

  • Solana and Dogecoin each up over 6%

The rally comes as three crypto-related bills advanced in the U.S. House.

Investor Scott Melker of

, a.k.a. The Wolf of All Streets, says, “Altcoins love regulatory clarity. This rotation shows risk appetite is back — at least for now.”


🔗 Want to go deeper? Explore the original sources:

  • Peter Thiel’s 9.1% Stake in Bitmine Reuters

  • UK Crime Officer Jailed for Bitcoin Theft The Guardian

  • Altcoin Rally Amid House Crypto Bills Barron’s


“I’m Ross Brand — tracking what matters in Bitcoin and helping you make sense of it.”

📩 Subscribe at rossbrandbitcoin.substack.com


Bitcoin Universe is for informational purposes only and does not constitute financial advice.

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