Deep Tide TechFlow News: On March 15, BitMine, an Ethereum treasury company, posted that "We are pleased to have acquired ETH held by the Ethereum Foundation at a mutually agreed upon price to support related work. We will continue to increase our ETH holdings."
In previous reports, the Ethereum Foundation officially stated that it finalized an over-the-counter transaction of 5,000 ETH today at an average price of 2,042.96 USD, with a total value of approximately 10.22 million USD. The OTC counterparty is BitMine, the Ethereum Foundation's largest treasury company. This sale will fund the Foundation's core operations and activities, including protocol research and development, ecosystem development, and community funding initiatives.
Deep Tide TechFlow News: On March 15, BitMine, an Ethereum treasury company, posted that "We are pleased to have acquired ETH held by the Ethereum Foundation at a mutually agreed upon price to support related work. We will continue to increase our ETH holdings."
In previous reports, the Ethereum Foundation officially stated that it finalized an over-the-counter transaction of 5,000 ETH today at an average price of 2,042.96 USD, with a total value of approximately 10.22 million USD. The OTC counterparty is BitMine, the Ethereum Foundation's largest treasury company. This sale will fund the Foundation's core operations and activities, including protocol research and development, ecosystem development, and community funding initiatives.