1confirmation founder: It is recommended that all companies built on Ethereum hold ETH on their balance sheets and pledge it

Odaily News Nick Tomaino, founder of 1confirmation, posted on the X platform that for the past 7 years, he has been advising all companies built on Ethereum to hold and pledge ETH on their balance sheets. Generally speaking, it is recommended to keep 2-3 years of cash reserves and hold and pledge the rest in ETH. 1confirmation's portfolio companies have not disclosed relevant information, but these companies hold approximately more than $100 million in ETH.