It seems Peter Thiel's fund timed a reported $200 million crypto spending spree perfectly

• Billionaire tech mogul Peter Thiel is investing in crypto again, Reuters reported.
• Founders Fund plowed $200 million into bitcoin and ether in mid-2023, per the news agency.
• Both tokens' prices have spiked since that spending spree started.

Peter Thiel piled back into crypto last year — and it looks like he timed his return to the digital asset space perfectly.