Joseph Lubin Says Ether (ETH) Treasuries May Become Berkshire Hathaway‑Style Vehicles for the Decentralized Economy

Ethereum DATs (ETH-based digital asset treasuries) are corporate treasury vehicles that hold, stake and invest Ether to generate yield and strategic returns; Joseph Lubin argues they can act as a “Berkshire Hathaway-style” engine for the decentralized economy by concentrating Ether per share and earning staking ￰0￱ DATs acquire and stake Ether to produce yield and equity ￰1￱ and BitMine currently lead the ETH DAT movement with large ETH positions and staking ￰2￱ holds ~839,636 ETH (~$3.69B) and BitMine holds 2.65M ETH (~$11B) as of Oct. 8, illustrating rapid treasury ￰3￱ DATs: Joseph Lubin says ETH treasury companies can outperform BTC treasuries—insights on SharpLink, staking, supply-demand and ￰4￱ strategic analysis. , What are Ethereum DATs and why do they matter?

Ethereum DATs (digital asset treasuries) are corporate entities that hold, stake and invest Ether as a treasury asset to generate yield and strategic returns for ￰5￱ vehicles aim to capture Ether appreciation while contributing liquidity and staking support to the Ethereum ￰6￱ did Joseph Lubin describe the opportunity for ETH DATs? Joseph Lubin told Cointelegraph at Token2049 in Singapore that ETH DATs could become a “Berkshire Hathaway-style” vehicle for the decentralized ￰7￱ argued Ether is at least as solid as Bitcoin and possibly more valuable for treasuries because it is a productive, yield-bearing token used for transactions and ￰8￱ are current ETH DATs positioning themselves?

The ETH DAT landscape is already clustering around a few large ￰9￱ (with Joseph Lubin as chairman) and BitMine (led by Tom Lee) dominate headline accumulation and staking ￰10￱ has bought more than $2 billion worth of Ether since adopting its treasury approach and currently reports holdings of approximately 839,636 ETH (~$3.69B) . BitMine has accumulated ~ 2.65 million ETH (~$11B) as of Oct. 8, underscoring rapid concentration of protocol tokens within treasury ￰11￱ could ETH DATs influence Ether’s supply-demand dynamics? Lubin predicts a “broadband moment” for Ethereum in 2025 when horizontal and vertical scaling will increase affordable block space ￰12￱ DAT buying and staking could reduce liquid supply and tighten supply-demand fundamentals, potentially supporting price ￰13￱ are the strategic plans and risks for ETH DATs?

Strategically, DATs plan to increase Ether per fully diluted share, stake for yield, borrow against ETH, and invest in Ethereum-centric companies and ￰14￱ envisions DATs supporting the ecosystem while seeking ￰15￱ include excessive leverage, concentrated holdings, counterparty and protocol risks, and potential pushback from the community if accumulation is seen as ￰16￱ cautioned against over-leveraging while arguing the bigger risk is missing the ￰17￱ should investors evaluate ETH DAT claims? Evaluate transparency of reserves, staking ratios, debt levels, and investment ￰18￱ audited disclosures and governance ￰19￱ the five-step checklist in the HowTo schema to assess operational and financial discipline before allocating ￰20￱ Asked Questions Can ETH DATs outperform Bitcoin treasury strategies?

ETH DATs may outperform by generating staking yield and by leveraging Ether’s utility demand. However, outcomes depend on execution, leverage and broader market ￰21￱ so far shows rapid accumulation but different risk profiles versus BTC ￰22￱ DAT accumulation reduce Ether liquidity? Large-scale DAT buying and staking can reduce immediate liquid supply, which may tighten ￰23￱ effect depends on the scale relative to total Ether supply and the rate at which tokens are staked versus ￰24￱ ETH DATs regulated? Regulatory status varies by jurisdiction and depends on the entity’s structure, disclosure, and financial ￰25￱ investors should review filings and consult legal counsel for jurisdiction-specific ￰26￱ Takeaways ETH DATs concentrate Ether per share : They aim to deliver yield and capital growth via staking and strategic ￰27￱ and BitMine lead accumulation : SharpLink holds ~839,636 ETH; BitMine holds ~2.65M ETH as of ￰28￱ remain material : Over-leverage, concentration and market volatility require robust disclosure and ￰29￱ Ethereum DATs represent a new corporate treasury construct that combines staking yield, token accumulation and strategic investing into a potentially powerful vehicle for long-term ￰30￱ Lubin’s advocacy and SharpLink’s activity highlight a rapid evolution in treasury management for crypto-native ￰31￱ and the Ethereum community should monitor transparency, leverage and ecosystem impact as DATs ￰32￱ (plain text): Cointelegraph interview at Token2049; public filings and company disclosures by SharpLink and BitMine; public market data as of Oct. 8, 2025.