Vitalik Buterin, co-founder of Ethereum, expressed support for Ether treasury firms, which are public companies buying and holding Ether, during an interview with the Bankless podcast. He believes this trend enhances the token's accessibility to a broader investor base and offers individuals with varied financial situations more options. However, he cautioned against the dangers of excessive leveraging, suggesting this could lead to a detrimental cycle for ETH if a decline in its price triggers forced liquidations, further driving down its value. Buterin noted that the current ETH treasury holdings approach $12 billion, with firms like BitMine Immersion Technologies leading the charge. He emphasized that while these treasury companies can positively contribute to ETH's growth, overreliance on leverage might threaten the integrity of the token. Importantly, he expressed confidence that ETH investors possess the discipline needed to avoid such pitfalls, in contrast to situations seen with other projects like Terra.

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