{"id":93194,"date":"2026-01-15T19:20:14","date_gmt":"2026-01-15T16:20:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=93194"},"modified":"2026-01-15T19:25:16","modified_gmt":"2026-01-15T16:25:16","slug":"bitmine-invests-200-million-in-mrbeasts-venture","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitmine-invests-200-million-in-mrbeasts-venture\/","title":{"rendered":"BitMine Invests $200 Million in MrBeast&#8217;s Venture"},"content":{"rendered":"<p>BitMine Immersion Technologies <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-technologies-bmnr-announces-200-million-investment-in-beast-industries-302662082.html\">announced<\/a> a $200 million investment in Beast Industries, the company of popular blogger Jimmy Donaldson, known as MrBeast.<\/p>\n<p>The parties anticipate closing the deal around January 19.<\/p>\n<p>Beast Industries CEO Jeff Housenbold noted that the new funds will help scale the business and strengthen its status as a leading entertainment brand. He also mentioned plans to collaborate with Bitmine to integrate DeFi tools into an upcoming financial services platform.<\/p>\n<p>Bitmine Chairman Tom Lee described Beast Industries as &#8220;the premier platform for content creators with a unique reach among Zoomers, Generation Alpha, and Millennials.&#8221;<\/p>\n<p>Bitmine specializes in Ethereum treasury management. The company is implementing a strategy to accumulate ETH using <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a> and DeFi protocols. <\/p>\n<p>In the first quarter of 2026, Bitmine plans to launch its own validator network, <span data-descr=\"Made-in America Validator Network\" class=\"old_tooltip\">MAVAN<\/span>.<\/p>\n<h2 class=\"wp-block-heading\">Buterin and Altman<\/h2>\n<p>Ethereum co-founder Vitalik Buterin and OpenAI CEO Sam Altman will attend the annual shareholders&#8217; meeting of Bitmine Immersion Technologies on January 15. Lee confirmed the guests&#8217; participation on the South Korean channel SamproTV. <\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"[\ud55c\uad6d\uc5b4] \ucd5c\ucd08\ub85c \ubc30\ub2f9\uc744 \ud55c \ube44\ud2b8\ub9c8\uc778\uc774 \uc8fc\uc8fc\ucd1d\ud68c \uc5f4\uace0 \uc561\uba74\ubd84\ud560\uae4c\uc9c0 \ud558\ub824\ub294 \uc9c4\uc9dc \uc774\uc720 | \ud1b0 \ub9ac, \ube44\ud2b8\ub9c8\uc778 \uc774\uc0ac\ud68c \uc758\uc7a5 [Global Money Talk]\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/_wHCSNkes1s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<p>The key agenda item is a vote on <a href=\"https:\/\/forklog.com\/en\/news\/bitmine-boosts-ethereum-staking-to-record-3-7-billion\">increasing<\/a> the limit on common stock issuance from 500 million to 50 billion. This is the first meeting since the company changed its strategy: in June 2025, Bitmine began acquiring Ethereum.<\/p>\n<p>Lee explained the need for expanding the issuance: the company funds cryptocurrency purchases through the sale of securities.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If you do not vote to increase the number of shares, the company will stop growing. We want to create a reserve so that we never have to revisit this issue,&#8221; he stated.<\/em><\/p>\n<\/blockquote>\n<p>On January 14, the share of ETH locked in staking <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-staking-reaches-record-30-of-supply\">reached<\/a> a record 30%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMine announced a $200 million investment in Beast Industries, the company of popular blogger Jimmy Donaldson (MrBeast).<\/p>\n","protected":false},"author":1,"featured_media":93195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"BitMine invests $200 million in MrBeast's company.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,52,919],"class_list":["post-93194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-investments","tag-tom-lee"],"aioseo_notices":[],"amp_enabled":true,"views":"168","promo_type":"1","layout_type":"1","short_excerpt":"BitMine invests $200 million in MrBeast's company.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=93194"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93194\/revisions"}],"predecessor-version":[{"id":93196,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93194\/revisions\/93196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/93195"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=93194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=93194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=93194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}