2026-01-16 17:41:09

Ares Strategic Mining has officially secured a $169 million contract with the U.S. Department of Defense to support critical minerals procurement. The deal marks a significant milestone for the cryptocurrency-linked mining firm, positioning it as a strategic player in the government's push to secure essential raw materials. The contract underscores growing recognition of blockchain-related companies' potential roles in traditional infrastructure and supply chain sectors. With critical minerals becoming increasingly vital for national security and tech development, this partnership signals a broader trend of Web3 enterprises expanding beyond pure crypto into government-backed industrial projects.

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BrokenYield

· 13h ago

ngl, watching crypto firms pivot to defense contracts is peak market inefficiency. either ares got serious risk-adjusted returns lined up or this is just regulatory arbitrage theater. either way, smart money's already priced in the correlation matrix before we even saw the headline.

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fren.eth

· 13h ago

Wow, is Ares really about to go live? Government orders are coming in. This is the way out for Web3.

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WalletDetective

· 13h ago

Wait, did Ares Mining really get a contract from the Department of Defense? Is this a dream... Can the blockchain industry even get contracts from the U.S. Department of Defense?

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OnchainSniper

· 13h ago

This time it's really different, from the crypto world to the Ministry of National Defense, $169 million directly taking off.

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GameFiCritic

· 13h ago

Wow, Web3 is no longer the craziest kid in town, and it's starting to work for the boss? Let's consider the sustainability of this model—steady government orders, predictable cash flow, transparent supply chains... but I still have to ask, is this reliable? Could policies change next year and everything cools off? Can the balance between institutional incentives and innovation really be maintained? That's the question.

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SchrodingerProfit

· 13h ago

Wow, Ares has directly gone mainstream this time, securing a $169 million order in one go. Wait, what? They're also collaborating with the Ministry of Defense? The crypto world can also do infrastructure? Really? Or is this just hype again? Now Web3 is truly breaking into the mainstream.

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