PETER THIEL’S BITCOIN OBSESSION

Founders Fund, the venture capital firm co-founded by tech billionaire Peter Thiel, has made hundreds of millions of dollars on bitcoin investments

The firm purchased small amounts of bitcoin in recent years worth more than $20 million

Those bitcoin holdings are worth several hundred million dollars, although Founders Fund has yet to return any gains to its investors

The firm invested in bitcoin infrastructure companies BitPay, BitGo, Polychain and MetaStable