Short News View Non-AMP

Bitmine Invests $200M in MrBeast’s Beast Industries

Published by
Sohrab Khawas

Ethereum treasury firm Bitmine Immersion Technologies announced a $200 million equity investment in Beast Industries, the company behind MrBeast’s global media, Feastables snacks, and major philanthropic campaigns like feeding over 20 million people. Bitmine’s chairman, Tom Lee, said MrBeast’s huge reach with Gen Z, Gen Alpha, and Millennials makes the partnership strategic, while Beast CEO Jeff Housenbold said the funding will help scale the brand and explore decentralized finance opportunities. Backed by investors including Cathie Wood’s ARK, the deal is expected to close around January 19, 2026, during Bitmine’s stockholder meeting in Las Vegas.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

XRP Price News Today: Lightning Network Crosses $1 Billion, but Pepeto Outperforms Ripple and Bitcoin

The Bitcoin Lightning Network just crossed $1 billion in monthly transaction volume for the first…

February 27, 2026

Pi Network Update for 2026: Forget Pump-and-Dump, Pi Wants Proof Before Profit

Pi Network is reinforcing its utility-first vision with a new framework designed to ensure ecosystem…

February 27, 2026

Is This the Turning Point for Chainlink Price?

The Chainlink price is hovering in that uncomfortable zone traders know all too well, compressed,…

February 27, 2026

Grant Cardone to Tokenize $5 Billion in Real Estate Assets

Billionaire investor Grant Cardone says his company, Cardone Capital, is preparing to tokenise about $5 billion…

February 27, 2026

ZKsync Lite to Shutdown on May 4, 2026

ZKsync has announced that ZKsync Lite will be retired on May 4, 2026, with block…

February 27, 2026

Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

Story Highlights Bitcoin is currently trading at: Predictions suggest BTC to hit $150K to $250K…

February 27, 2026