{"id":25931,"date":"2025-08-08T10:27:04","date_gmt":"2025-08-08T07:27:04","guid":{"rendered":"https:\/\/forklog.com\/en\/buterin-backs-corporate-ethereum-treasuries-warns-of-risks\/"},"modified":"2025-08-08T10:27:04","modified_gmt":"2025-08-08T07:27:04","slug":"buterin-backs-corporate-ethereum-treasuries-warns-of-risks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/buterin-backs-corporate-ethereum-treasuries-warns-of-risks\/","title":{"rendered":"Buterin Backs Corporate Ethereum Treasuries, Warns of Risks"},"content":{"rendered":"<p>Corporate treasuries in Ethereum are beneficial: they broaden the investor base and offer alternative investment options. However, excessive leverage by companies could turn this into a &#8220;dangerous game,&#8221; Vitalik Buterin stated during a Bankless podcast. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Are ETH Treasuries good for Ethereum?<a href=\"https:\/\/twitter.com\/VitalikButerin?ref_src=twsrc%5Etfw\">@VitalikButerin<\/a> thinks they can be:<\/p>\n<p>\u201cETH just being an asset that companies can have as part of their treasury is good and valuable\u2026 giving people more options is good.\u201d<\/p>\n<p>But he also issues a warning:<\/p>\n<p>\u201cIf you woke me up 3 years from now\u2026 <a href=\"https:\/\/t.co\/W55oUD7Lke\">pic.twitter.com\/W55oUD7Lke<\/a><\/p>\n<p>\u2014 Bankless (@BanklessHQ) <a href=\"https:\/\/twitter.com\/BanklessHQ\/status\/1953456218892390562?ref_src=twsrc%5Etfw\">August 7, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Ethereum co-founder endorsed the inclusion of ether in the reserves of public firms. According to him, this practice provides access to cryptocurrency for a wider range of investors, including those who cannot or do not wish to directly own digital assets. <\/p>\n<p>However, Buterin expressed concerns about aggressive lending against Ethereum collateral. He believes this could lead to a market crash. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIf you woke me up three years from now and told me that the creation of treasuries caused the ETH crash, I would assume they turned the ecosystem into an over-leveraged game,\u201d he said. <\/p>\n<\/blockquote>\n<p>Nonetheless, the programmer is confident that Ethereum investors are disciplined enough to avoid such a scenario. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThese are not Do Kwon followers,\u201d Buterin remarked, recalling the <a href=\"https:\/\/forklog.io\/spiral-smerti-terra-kak-i-pochemu-luna-i-ust-poterpeli-krah\/\">collapse of the Terra blockchain<\/a> in 2022. <\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Ethereum Treasuries <\/h2>\n<p>As of August 8, public companies manage 3 million ETH valued at $11.9 billion. The leader is <a href=\"https:\/\/u1f987.com\/en\/news\/bitmine-surpasses-sharplink-in-ethereum-holdings\">BitMine Immersion Technologies<\/a>, holding 833,100 ETH worth $3.2 billion.<\/p>\n<p>Following are <a href=\"https:\/\/u1f987.com\/en\/news\/public-companies-pivot-from-bitcoin-to-ai-tokens-and-memecoins\">SharpLink Gaming<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/corporate-ethereum-reserves-top-10bn\">The Ether Machine<\/a>, owning 521,000 ETH ($2.04 billion) and 345,000 ETH ($1.35 billion) respectively. <\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/AD_4nXfWLLYVD809MapJpFBF2RVtkyXHarYb8IR4iFYp_1itP5usXJk0ktbf2ZLC7NsXeRN81T9cLTohGjrxHv-4KnN-kzH0ksBptxJ0nuAWD43dLMwVM8-j-YMNTpS8_VqimwBJeq-8qQ.webp\" alt=\"Buterin Backs Corporate Ethereum Treasuries, Warns of Risks\" class=\"wp-image-263507\"\/><figcaption class=\"wp-element-caption\">Largest Ethereum holders among public companies. Source: <a href=\"https:\/\/www.strategicethreserve.xyz\/\">Strategic ETH Reserve<\/a>.<\/figcaption><\/figure>\n<p>On August 7, Nasdaq-listed firm Fundamental Global <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1591890\/000164117225022593\/forms-3.htm\">filed<\/a> for a $5 billion stock sale to purchase ether. At the end of July, the company announced a private placement of $200 million, which it planned to allocate for acquiring Ethereum and staking. <\/p>\n<p>Earlier, Standard Chartered&#8217;s head of digital assets, Geoffrey Kendrick, <a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-ethereum-treasuries-offer-more-attractive-alternative-to-etfs\">stated<\/a> that firms with reserves in the second-largest cryptocurrency by market cap attract investors more strongly than spot ETH ETFs. According to him, since June, such entities have purchased 1.6% of the market supply of ether. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Corporate treasuries in Ethereum are beneficial: they broaden the investor base and offer alternative investment options. However, excessive leverage by companies could turn this into a &#8220;dangerous game,&#8221; Vitalik Buterin stated during a Bankless podcast. Are ETH Treasuries good for Ethereum?@VitalikButerin thinks they can be: \u201cETH just being an asset that companies can have as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,46,200],"class_list":["post-25931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-ethereum","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=25931"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/25930"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=25931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=25931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=25931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}