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Finance
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, where the foundation sold 5,000 ETH to BitMine at approximately $2,042 per token, raising around $10.…
May 1, 2026, 6:16 p.m.
Finance
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 private over-the-counter transaction. The sale was conducted at an average price of $2,292.15 per token, resulting in proceeds of approximately $22.9 million. This transaction is part of the foundation's ongoing treasury management strategy, which involves periodic conversions o…
May 1, 2026, 6:16 p.m.
Finance
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 Tom Lee's BitMine, marking the latest in a series of treasury sales this year. 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 deal in March, where the foundation sold 5,000 ETH to BitMine at approximately $2,042 per ETH, raising aroun…
May 1, 2026, 6:16 p.m.
Finance
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 is the latest in a series of treasury sales conducted by the foundation this year. The funds raised will be used to support core operat…
May 1, 2026, 6:16 p.m.
Finance
Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Strategy
The Ethereum Foundation has concluded the sale of an additional 10,000 ether to BitMine, a company led by Tom Lee, in a private over-the-counter transaction. This sale, which was finalized at an average price of $2,292.15 per token, resulted in proceeds of roughly $22.9 million. The foundation had previously sold 5,000 ETH to BitMine in March at a price of approximately $2,042 per token, raising …
May 1, 2026, 6:16 p.m.
Finance
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, where the foundation sold 5,000 ETH to BitMine for approximately $10.2 million. The funds generated f…
May 1, 2026, 6:16 p.m.
Finance
Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Strategy
In its latest move, the Ethereum Foundation has entered into an over-the-counter agreement with BitMine, led by Tom Lee, to sell 10,000 ether, marking a continuation of its treasury sales for the year. The sale was finalized at an average price of $2,292.15 per token, resulting in proceeds of approximately $22.9 million. This transaction follows a pattern established in March when the foundation …
May 1, 2026, 6:16 p.m.
Finance
Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Plan
In its latest move, the Ethereum Foundation has finalized the sale of an additional 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 around $22.9 million. BitMine Immersion Technologies, the counterparty in the deal, has been a repeat buyer of ETH from the foundation, consi…
May 1, 2026, 6:16 p.m.
Finance
Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Management
The Ethereum Foundation has finalized the sale of an additional 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 around $22.9 million. This transaction follows a similar sale in March, where 5,000 ETH were sold to BitMine at a price of approximately $2,042 per token, raisin…
May 1, 2026, 6:16 p.m.
Finance
Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Management
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 deal follows a previous sale in March, where the foundation sold 5,000 ETH to BitMine at approximately $2,042 per token, raising around $10.2 milli…
May 1, 2026, 6:16 p.m.