Altcoins News

Story: Vitalik Buterin Supports Ethereum Treasury Firms, Warns Against Excessive Leverage

By Sakamoto Nashi

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ETH Treasury Firms Gain Popularity. Over the past year, Ethereum treasury companies have gained serious attention from both retail and…

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Ethereum Price Recovers Strongly in 2025. Ethereum’s price has had a turbulent ride in 2025. Starting the year around $3,685, it dipped…

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Overleverage Could Pose a Serious Threat. Despite his optimism, Buterin warned that ETH’s growing exposure through treasury firms could…

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Learning From the Past: Terra Collapse Mentioned. To highlight his point, Buterin referenced the 2022 collapse of Terra (LUNA), a major event in…

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Broader Adoption and Long-Term View. Buterin’s cautious endorsement comes at a time when broader institutional interest in Ethereum is…

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Conclusion. Vitalik Buterin’s remarks strike a careful balance between embracing Ethereum’s institutional…

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Ethereum co-founder Vitalik Buterin has voiced support for the growing trend of Ethereum treasury firms—public companies buying and holding ETH—but cautioned that this movement…

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Speaking on the Bankless podcast, Buterin said he sees value in more public companies holding Ethereum on their balance sheets.

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“There’s definitely valuable services being provided there,” Buterin noted. “People have different financial circumstances, and treasury firms give them more options.”

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This model is gaining traction on Wall Street. Investors who want exposure to crypto without directly buying tokens themselves are increasingly turning to these companies.

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BitMine Immersion Technologies owns around 833,100 ETH, worth roughly $3.2 billion.

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SharpLink Gaming and The Ether Machine hold about $2 billion and $1.34 billion in ETH, respectively.

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The Ethereum Foundation and PulseChain round out the top five ETH-holding public entities.

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This surge in institutional holdings comes as ETH is recovering strongly from earlier price declines.

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Ethereum’s price has had a turbulent ride in 2025. Starting the year around $3,685, it dipped sharply to a low of $1,470 in early April.

The Currency Analytics

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