Ethereum Should Be Valued Like Amazon, Not a Traditional Stock, Says Dragonfly’s Haseeb Qureshi

Dragonfly Managing Partner Haseeb Qureshi has doubled down on his defense of Ethereum’s valuation, arguing that critics are fundamentally misinterpreting how to evaluate Layer-1 blockchains. Speaking on the Milk Road Show on 9 December 2025, Qureshi compared Ethereum’s economic model to Amazon’s early growth era, not to mature value stocks. His comments revisited a widely […]