Connect with us

Hi, what are you looking for?

Investing

Bitmine Invests $200M in MrBeast’s Beast Industries

The post Bitmine Invests $200M in MrBeast’s Beast Industries appeared first on Coinpedia Fintech News

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.

You May Also Like

Economy

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since...

Stock

The Japanese yen continued its strong plunge this week as investors braced for a return of Abenomics. The USD/JPY exchange rate rose to 153,...

Stock

The Nasdaq 100 Index has rallied this year, helped by the ongoing tailwinds in the artificial intelligence industry. It ended the week at $24,500...

Investing

The post Crypto Regulations in Ukraine 2025 appeared first on Coinpedia Fintech News Ukraine is widely considered a crypto-friendly country because of its high...