🔥Bitmine Immersion Technologies (BMNR) finalized an over-the-counter (OTC) deal to purchase 10,000 ETH directly from the Ethereum Foundation for approximately $23.87 million. This transaction occurred at an average price of $2,387 per token, which was roughly a 3% premium over the market price at that time. 

$LDO $ZBT $ETH

ETH
ETHUSDT
2,256.28
+0.13%
LDO
LDOUSDT
0.3762
-0.26%
ZBT
ZBTUSDT
0.14654
+1.77%

With this move, Bitmine has cemented its position as the largest public institutional holder of Ethereum. The company, led by Chairman Tom Lee, continues to accumulate Ether even as other crypto treasury firms have slowed their buying due to market volatility.