US EditionEthereum Foundation sells 5,000 ether to BitMine in $10.2 million OTC deal
24 Articles
24 Articles
Ethereum Foundation sells 5,000 ETH to BitMine
The Ethereum Foundation has sold 5,000 ETH to publicly traded treasury firm BitMine Immersion Technologies in an over-the-counter deal worth just over $10.2 million. The Ethereum Foundation offloads 5,000 ETH to BitMine as the price climbs above $2K, with the…
The Ethereum Foundation has just monetized a small part of its reserve. The operation remains limited in volume, but it says a lot about the Foundation's new financial discipline and the rise in power of crypto cash companies. The BitMine article buys 5000 ETH from Ethereum Foundation appeared first on Cointribune.
The Ethereum Foundation sold 5,000 ETHs to BitMine Immersion Technologies for more than USD $10.2 million, in an operation to finance research, development and community subsidies. The transaction comes as ETH re-quotes over USD $2,000 and places again the focus on the growing role of cryptocurrency corporate treasury. *** The Ethereum Foundation sold 5,000 ETHs at an average price of USD $2,042.96 per unit. BitMine maintains more than 4.5 milli…
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