BitMine Buys 10,000 ETH From Ethereum Foundation for $23.87 Million

BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation in an over-the-counter deal worth $23.87 million. The Ethereum Foundation said the sale will fund core operations, including protocol R&D, ecosystem development, and community grants. This is BitMine’s second direct ETH purchase from the Ethereum Foundation.

ETH0.26%
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