Deep Tide TechFlow News: On March 15, according to a post from Ethereum treasury company BitMine, "We are pleased to have acquired ETH held by the Ethereum Foundation at a price agreed upon by both parties to support related work. We will continue to increase our ETH holdings."



In previous reports, the Ethereum Foundation officially stated that today it finalized an off-chain transaction of 5,000 ETH at an average price of 2,042.96 USD, with a total value of approximately 10.22 million USD. The off-chain counterparty was BitMine, Ethereum's largest treasury company. This sale will fund the Foundation's core operations and activities, including protocol research and development, ecosystem development, and community grants.
ETH3,91%
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