In a recent strategic move, the Ethereum Foundation executed a major over-the-counter (OTC) transaction, transferring 5,000 ether to BitMine Immersion Technologies. Valued at $10.2 million, this exchange was conducted at an average rate of $2,042.96 per ether, marking a significant transfer of assets from the Foundation’s reserves to a key institutional player.
Continue Reading:Strategic Moves by Ethereum Foundation and BitMine in Multi-Million Dollar Deal
Source: https://en.bitcoinhaber.net/strategic-moves-by-ethereum-foundation-and-bitmine-in-multi-million-dollar-deal
