Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Strategy
The Ethereum Foundation has finalized the sale of 10,000 ether to BitMine, a company led by Tom Lee, in an over-the-counter transaction. The sale was made at an average price of $2,292.15 per token, resulting in proceeds of roughly $22.9 million. This transaction follows a previous sale in March, in which the foundation sold 5,000 ETH to BitMine at a price of approximately $2,042 per token, raisiā¦