ME News reports that on June 20 (UTC+8), in response to a lengthy post by Ethereum core developer Trent Van Epps, who highlighted that Ethereum is entering a critical institutional turning point involving allocation legitimacy, governance evolution, and potential protocol funding crises, Tom Lee, Chairman of Bitmine, the company managing Ethereum’s treasury, responded that the likelihood of such a crisis occurring on Ethereum is zero, stating, “Funding secured.” Data shows that Bitmine has been consistently increasing its Ethereum holdings weekly, with its total holdings now exceeding 5.62 million ETH. (Source: ChainCatcher)
Tom Lee of Bitmine Dismisses Risk of Ethereum Funding Crisis
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Summary
Ethereum news: Tom Lee of Bitmine dismissed concerns about a potential protocol funding crisis, calling the risk zero and stating, "Funding secured." Project funding updates show that Bitmine has been purchasing Ethereum weekly, with holdings now exceeding 5.62 million ETH.
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