ETHEREUM FOUNDATION SELLS 10,000 ETH TO BITMINE VIA OTC 🏛️🤝💎
Deal Details: The Ethereum Foundation sold 10,000 ETH to #Bitmine (BMNR) in an OTC transaction at an average price of $2,387 (~$23.87M). 💰📈
Objective: Proceeds will fund core protocol R&D, grants, and operational expenses for the ecosystem. 🏗️🛡️
Institutional Shift: Using OTC prevents immediate market slippage. Bitmine continues to expand its position as a leading institutional ETH holder. 🏦🚀
This transfer highlights the growing trend of #Ethereum being adopted as a corporate reserve asset by major listed firms! 🌊🛰️🔥
STOUSDT
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KATUSDT
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ETHUSDT
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