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MrBeast platform gets $200 million investment from Tom Lee’s Bitmine
The media platform founded by Jimmy Donaldson, known as the popular YouTuber MrBeast, is drawing a $200 million investment from Bitmine Immersion Technologies , the world’s leading Ethereum treasury company. The Bitmine investment in Beast Industries is designed to back a digital outlet that has more than 450 million subscribers and attracts more than 5 billion monthly views. The deal closes on or about Jan. 19. “It’s our view that Ethereum, which is a smart contract platform, is the future of finance, where digitalization of not only dollars but stocks and equities [are] going to take place,” Bitmine ... (full story)
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