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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 an over-the-counter transaction. This sale, finalized at an average price of $2,292.15 per ether, resulted in proceeds of roughly $22.9 million. BitMine Immersion Technologies, the counterparty in this transaction, has been a repeat buyer and has played a significant role in accum…
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 made at an average price of $2,292.15 per token, resulting in proceeds of around $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 allocat…
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 by the foundation, which has been periodically converting its ETH holdings into fiat curren…
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 concluded the sale of 10,000 ether to BitMine, a company led by Tom Lee, in an over-the-counter transaction. The sale was finalized 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 by the foundation, which has previously sold 5,000 ETH to BitMine in March at a price …
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 an over-the-counter transaction, 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 roughly $22.9 million, with BitMine Immersion Technologies acting as the counterparty. This trans…
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 an over-the-counter transaction, marking a continuation of its treasury sales this year. According to a post on Friday, the sale was finalized at an average price of $2,292.15 per token, resulting in proceeds of around $22.9 million. The buyer, BitMine Immersion Technologies, has …
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 by the foundation, which has previously sold 5,000 ETH to BitMine in March for approximatel…
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 is the latest in a series of treasury sales by the foundation this year. The proceeds from the sale will be used to suppor…
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 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 an additional 10,000 ether to BitMine, a company led by Tom Lee, in a private over-the-counter transaction. The sale was made at an average price of $2,292.15 per token, resulting in proceeds of approximately $22.9 million. This transaction follows a similar sale in March where 5,000 ETH were sold to BitMine for about $2,042 per ETH, generating ar…
May 1, 2026, 6:16 p.m.