Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy

Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailEthereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategyThe latest transaction follows a similar March deal in which the foundation sold 5,000 ETH to BitMine, raising roughly $10.2 million.By Margaux Nijkerk|Edited by Stephen Alpher May 1, 2026, 6:16 p.m. 2 min readMake preferred on What to know: The Ethereum Foundation finalized the sale of 10,000 ETH to BitMine at an average price of $2,292.15 (~$22.9M), marking another treasury disposition following similar deals earlier this year. Proceeds will fund operations, such as R&D and ecosystem grants, as part of its ongoing treasury management strategy and will be executed via a disclosed multisig wallet.The Ethereum Foundation has sold another 10,000 e

Source: https://www.coindesk.com/business/2026/05/01/ethereum-foundation-finalizes-sale-of-10-000-ether-to-bitmine-as-part-of-its-treasury-strategy