Ethereum Foundation sells 5,000 ether to Tom Lee’s BitMine in $10.2 million deal
The funds will support the EF’s core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.
Bitmine
Ether treasury firm Bitmine moves $19.5 million in ETH to Coinbase Prime
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don’t necessarily signal selling.
‘Mini crypto winter’ nearly over, says Tom Lee as Bitmine ramps up pace of ether acquisition
The company now holds more than 4.5 million ETH, worth over $9 billion, though it is sitting on a loss of nearly $8 billion.
ARK Invest Snaps Up $23.5M in BitMine and Bullish Shares Across Flagship ETFs
The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.