Yield-chasing ETH treasury firms face the highest risk, says Sharplink Gaming CEO

Sharplink Gaming co-CEO Joseph Chalom warns ETH treasury latecomers may chase the last basis points of yield, adopting imprudent strategies that add credit, counterparty, duration, and smart contract risks with potential spillovers to the wider market.

Chalom says Sharplink holds 3.6 billion USD in ETH, ranking second behind BitMine at 8.03 billion USD. He cautions overbuilding and capital-raising tactics, noting ETH traded around 4,327 USD at publication.

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