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TOM LEE IS BUYING ETH DIRECTLY FROM THE FOUNDATION
Tom Lee’s firm BitMine Immersion Technologies just bought 5,000 $ETH (~$10M) directly from the Ethereum Foundation.
The purchase was executed at an average price of about $2,042 per $ETH, with the Ethereum Foundation saying the sale will help fund protocol development, ecosystem growth, and grants.
BitMine has been building one of the largest corporate #Ethereum treasuries, continuing to accumulate $ETH despite recent market volatility.#GateDerivativesHitsNewHighInFebruary
Tom Lee’s firm BitMine Immersion Technologies just bought 5,000 $ETH (~$10M) directly from the Ethereum Foundation.
The purchase was executed at an average price of about $2,042 per $ETH, with the Ethereum Foundation saying the sale will help fund protocol development, ecosystem growth, and grants.
BitMine has been building one of the largest corporate #Ethereum treasuries, continuing to accumulate $ETH despite recent market volatility.