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Bitmine Invests $200M in MrBeast's $5B Beast Industries

1/16/2026

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Story summary
  • Bitmine Immersion Technologies will invest $200 million in Beast Industries, the company founded by YouTube star MrBeast, with the deal closing by January 19, 2026.
  • Beast Industries is valued at approximately $5 billion.
  • Beast Industries generated $400 million in revenue in 2024.
  • The investment marks a pivot for Bitmine from crypto treasury management to consumer-facing ventures, including Beast Industries' expansion into snacks and mobile services.