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 links one of crypto’s largest Ether holders with the world’s most-followed online creator.

BitMine will make a $200 million equity investment into Beast Industries, the company announced on Thursday. 

BitMine said the deal could significantly expand its mainstream visibility, given MrBeast’s reach across digital platforms. Donaldson runs the most-subscribed YouTube channel, with more than 450 million subscribers and billions of monthly views across his network of channels.

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