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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
PRIVACYTERMSCOOKIES
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News
Tom Lee's BitMine Nears Ethereum Treasury Goal Aft...
The Block•Monday, January 26, 2026 at 02:30 PM•1 min read

Tom Lee's BitMine Nears Ethereum Treasury Goal After 40,302 ETH Purchase

Share:
The Arch TakeBullish
EthereumAltcoinsInstitutionalTrading

According to reports, BitMine, led by Tom Lee, is approaching its Ethereum treasury target following a purchase of 40,302 ETH. The development brings BitMine closer to its goal, as the company's total crypto and cash holdings currently stand at $12.8 billion. BitMine now owns 3.52% of Ethereum's circulating supply. The purchase signifies a continued interest in Ethereum as a key asset for corporate treasuries. The move reflects a strategic accumulation of digital assets by BitMine. The company's holdings could influence market dynamics.

Read full story at The Block
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News
Tom Lee's BitMine Nears Ethereum Treasury Goal Aft...
The Block•Monday, January 26, 2026 at 02:30 PM•1 min read

Tom Lee's BitMine Nears Ethereum Treasury Goal After 40,302 ETH Purchase

Share:
The Arch TakeBullish
EthereumAltcoinsInstitutionalTrading

According to reports, BitMine, led by Tom Lee, is approaching its Ethereum treasury target following a purchase of 40,302 ETH. The development brings BitMine closer to its goal, as the company's total crypto and cash holdings currently stand at $12.8 billion. BitMine now owns 3.52% of Ethereum's circulating supply. The purchase signifies a continued interest in Ethereum as a key asset for corporate treasuries. The move reflects a strategic accumulation of digital assets by BitMine. The company's holdings could influence market dynamics.

Read full story at The Block
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Crypto industry to contribute $55B to US economy in 2026: NCA study

Cointelegraph•2d ago

As BitMEX exits, analysts warn crypto consolidation is accelerating

Cointelegraph•2d ago

Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale

Decrypt •2d ago

Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy

CoinDesk•2d ago
← Back to News Feed