Ethereum Foundation Completes Sale of 10,000 Ether to BitMine as Part of Treasury Strategy
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, at an average price of $2,292.15 per token. This transaction, which is part of the foundation's treasury management strategy, aims to convert ETH holdings into fiat currency to support core operations, including research and development, ecosystem growth, and comm…