Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Strategy
The Ethereum Foundation has finalized the sale of an additional 10,000 ether to BitMine, a company led by Tom Lee, in a direct, over-the-counter transaction, marking a continuation of its treasury management strategy. The sale was made at an average price of $2,292.15 per token, resulting in proceeds of around $22.9 million. BitMine Immersion Technologies, the counterparty in this deal, has becom…