Ethereum Foundation sells 10,000 ETH (~$23 M) to BitMine for second week in a row
Fast facts
- Category: Crypto
- Language: EN
- Published: 2026-05-01 14:55 UTC
- Sources: Decrypt
The Ethereum Foundation transferred another 10,000 Ether, worth roughly $23 million, to treasury firm BitMine, owned by Tom Lee. This marks the second consecutive week the foundation has off‑loaded ETH to the firm as part of its asset‑management strategy.
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