Ethereum Foundation sells another 10,000 ETH to Bitmine
Crypto Briefing
The Ethereum Foundation sold 10,000 ETH to Bitmine for $23 million to fund operations.Summary
The Ethereum Foundation has sold another 10,000 ETH, this time for approximately $23 million through an over-the-counter (OTC) transaction with Bitmine Immersion Technologies. The sale, which occurred at an average price of $2,292.15 per ETH, will provide funding for the foundation's core operations, including protocol research and development, ecosystem programs, and community grants. This marks Bitmine's third OTC purchase from the Ethereum Foundation this year, following a similar 10,000 ETH deal just last week.
(Source：Crypto Briefing)