Vitalik backs Ethereum treasury firms, but warns of overleverage

Vitalik Buterin advocates for ether treasury companies as they help broaden investor access to ETH. However, he cautions that excessive leveraging could jeopardize the token’s future, potentially leading to significant losses.

Ether treasury firms currently hold approximately 11.77 billion USD in total assets, with leading companies like BitMine and SharpLink. Despite early-year lows, ETH has rebounded significantly by 163% this year, showcasing its strong recovery potential.

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