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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.

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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.

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