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Ethereum Foundation Sells $10M Ether, Boosts Operations

Published 2 weeks, 4 days ago
Description

Ethereum Foundation secures significant funding, selling 5,000 ether to Bitmine Immersion Technologies for $10.2 million. Funds will support protocol research, ecosystem growth, and community grants. Bitmine, led by Tom Lee, is the largest publicly traded ether holder with 4.53 million ether worth over $9.4 billion.

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