Crypto

Ethereum Foundation Sells 5,000 ETH to BitMine for $10.2 Million to Support Operations

On March 14, 2026, the Ethereum Foundation completed an over-the-counter sale of 5,000 ETH to BitMine Immersion Technologies for approximately $10.2 million. This transaction is part of the Foundation's strategy to fund ongoing research, development, and community grants while maintaining a balanced treasury. The sale signals increasing institutional interest in Ethereum and may influence future treasury management strategies within the crypto sector.