BitMine stories

Jul 1, 2026

Ethereum Institutional Launches as Second Major Nonprofit in Nine Days, Backed by Standard Chartered, Joe Lubin and BitMine

A new Ethereum-focused nonprofit called Ethereum Institutional has launched with backing from Standard Chartered, Consensys CEO Joseph Lubin, Tom Lee's BitMine, and SharpLink Gaming. The launch comes just nine days after EthLabs debuted, marking a rapid expansion of Ethereum's institutional support infrastructure.

Jul 1, 2026·3 sources

Apr 28, 2026

BitMine Acquires 101,000 ETH Worth $236 Million Despite Unrealized Losses

Crypto treasury company BitMine purchased over 101,000 ETH for $236 million, continuing aggressive accumulation despite holding $6.5 billion in unrealized losses. The company has bought more than 5 million ETH in 10 months.

Apr 28, 2026·3 sources

Apr 26, 2026

Ethereum Foundation Unstakes ~$49M in ETH Through Lido Days After OTC Sale, Fueling Sell-Off Fears

On April 26, 2026, the Ethereum Foundation deposited 17,035 wstETH into Lido's unstETH contract — just short of its 70,000 ETH staking target and days after its Bitmine sale — sparking community speculation about an impending sell-off. No confirmed sale had occurred at time of reporting.

Apr 26, 2026·4 sources

Top claims

▪The launch of Ethereum Institutional follows the June 22, 2026, debut of EthLabs, marking the launch of two major Ethereum-focused nonprofits within a nine-day period.
▪Ethereum Institutional aims to serve as a neutral, credible counterpart to help financial institutions navigate technical and commercial decisions when building on Ethereum.
▪Etherealize CEO Vivek Raman and Aztec Labs CEO Joe Andrews endorsed the launch of Ethereum Institutional as a reflection of the continued decentralization of Ethereum's support ecosystem.

Topics

Ethereum Foundation Institutional crypto adoption Ethereum Foundation in transition (2026)Ethereum Crypto

Crypto market sentiment

Crypto risk management

Crypto markets

Ethereum staking & validators

Liquid Staking

DeFi

Ethereum Foundation treasury

Related entities

Ethereum ETH wstETH

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