Tom Lee’s Bitmine bought 5,000 $ETH from the Ethereum Foundation through an OTC transaction. The deal priced each $ETH at $2,042.96, bringing the total value to about $10.38 million today, according to the foundation. According to the Ethereum Foundation, the sale funds protocol research, ecosystem development, and community grant programs across its network operations.
Tom Lee’s Bitmine Adds 5,000 ETH Despite $7.5B Unrealized Loss as BMNR Stock Rebounds
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