Ethereum Foundation Sells $24M in ETH to Bitmine in Second OTC Deal This Year
The Ethereum Foundation sold 10,000 ETH to Nasdaq-listed Bitmine Immersion Technologies on April 24, 2026, in a private over-the-counter transaction valued at approximately $23.87 million. The deal, priced at roughly $2,387 per ETH, is the second such sale between the two parties this year and brings their combined OTC total to around $34.2 million.
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