Having sold 10,000 Ethereum to BitMNR (Bitmine) at an average price of $2,292.15 per unit. This transaction, confirmed on [announcement date, e.g., October 26, 2025], will provide approximately $22.92 million to fund the organization’s ongoing operations. This move reinforces the organization’s strategy of financing vital ecosystem initiatives through private sales rather than public market sales.

Ethereum organization sells 10,000 Ethereum in an over-the-counter deal: key details
This OTC deal is the second transaction of its kind between the Ethereum organization and BitMNR in 2025. The previous deal took place on April 24, when the organization also sold 10,000 Ethereum. Both deals show a consistent approach to raising capital without impacting the immediate market. OTC deals enable large cryptocurrency holders to sell substantial quantities directly to institutional investors, thereby avoiding price slippage and price volatility. The average price of $2,292.15 reflects a slight premium or discount versus market prices at the time, although the organization has not disclosed details of the negotiation terms.