Ethereum news (ETH): Tom Lee’s BitMine secures another 10,000 ether from Ethereum Foundation

The Ethereum Foundation sold another 10,000 ether (ETH) via an over-the-counter transaction to Tom Lee’s BitMine (BMNR), continuing a series of Treasury sales this year. The final sale price was $2,292.15 per token, meaning proceeds of approximately $22.9 million, the group said in a post on Friday X. The counterparty is BitMine Immersion Technologies, a…

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Riot’s stock rises after AMD boosts data center capacity to a potential 150 megawatts power

Riot Platforms (RIOT) shares rose about 8% on Friday after Advanced Micro Devices (AMD) expanded production capacity at its Rockdale, Texas, campus, highlighting Riot’s continued shift away from Bitcoin mining toward artificial intelligence and high-performance computing. AMD exercised an option to double contracted capacity to 50 megawatts (MW), with the potential to expand to 150…

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