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📰 News14 March 2026·2 min read·

Ethereum Foundation Sells 5,000 ETH to BitMine for $10.2 Million

Source: coindesk

The Ethereum Foundation has sold 5,000 ether to Tom Lee's BitMine in a $10.2 million deal, with proceeds earmarked for core operations including protocol R&D and ecosystem grants. The transaction is part of the Foundation's treasury strategy to maintain a balance between ETH holdings and fiat-like assets. The deal was announced on 14 March 2026 and highlights ongoing efforts to sustain long-term Ethereum development funding.

Read full article at coindesk →

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