Ethereum Foundation Sells $10.2M in ETH to Bitmine as New Mandate Redefines Network Stewardship
The Ethereum Foundation paired a $10.2 million ether sale with a sweeping new manifesto this week, signaling that while it still helps fund the network’s development, it no longer sees itself as Ethereum’s central author...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says
Speaking at Token2049 in Singapore, the chairman said Bitmine is about 100,000 ETH—roughly six to seven weeks—from its 5% cap, set...