According to Wu, in response to claims that "Bitmine (BMNR) faces $6.6 billion in unrealized losses, and future selling pressure will limit the price of ETH," Tom Lee, Chairman of Bitmine, the Ethereum treasury company, stated that these claims ignore the core principles of the Ethereum treasury. He pointed out that Bitmine aims to track the price of ETH and outperform the market over time; during periods of crypto market downturn, unrealized losses on ETH holdings are a "feature, not a vulnerability," just as index ETFs also experience losses during market declines.