Ethereum Foundation sold 10,000 pieces $ETH The foundation disclosed Friday that it was acquired through an over-the-counter transaction with Bitmine Immersion Technologies for approximately $23 million.
0/ Today, the Ethereum Foundation finalized 10,000 terms $ETH The average price via OTC is $2,292.15.
For this sale, the OTC counterpart was @BitMNR.
— Ethereum Foundation (@ethereumfndn) May 1, 2026
The sale will run at an average price of $2,292.15 per token and will fund the protocol’s core operations, including research and development, ecosystem programs, community grants, and other foundation activities.
Bitmine participated in three OTC purchases this year, including a $10,000 purchase from the foundation. $ETH Last week’s trade.
This is a developing story.
