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Block.one Early Investors Could Get 6,567 Percent Return: Bloomberg

Such numbers seem bizarre if to consider that the whole industry had to endure a ruthless crypto winter.


For billionaire Peter Thiel, who’s secured a stake in Block one along with Alan Howard and Louis Bacon, these returns will be a reality.


As of now, neither Thiel nor the aforementioned shareholders commented on whether they will tender their Block one stake in the buyback.


Galaxy Digital CEO Mike Novogratz announced that the crypto bank accepted the tender offer and received $71.2 mln with 123 percent ROI.


Read More at U Today


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