BitMine to invest $200M in YouTuber MrBeast’s Beast Industries
BitMine Immersion Technology will invest $200 million in MrBeast’s Beast Industries, linking crypto capital with the world’s largest creator platform.
BitMine Immersion Technology has agreed to invest $200 million in Beast Industries, the entertainment company founded by YouTube star Jimmy Donaldson, better known as MrBeast, in a deal that marks one of BitMine’s largest non-core equity investments to date.
BitMine will make a $200 million equity investment into Beast Industries, the company announced on Thursday.
Donaldson operates a network of YouTube channels that collectively have more than 450 million subscribers, according to publicly available figures.