BitMine’s $24.5b stock offer tests Vitalik’s warning: ‘Don’t turn ETH into leveraged poker’

Posted On August 12, 2025

Vitalik Buterin recently cautioned against overleveraged ETH treasuries. Yet BitMine’s upsized stock offering suggests corporations are ignoring him. SharpLink, The Ether Machine, and others are also part of the wave, racing to hoard ETH. But what happens when the music…