Ethereum Giant BitMine Backs MrBeast with $200 Million, But Why? | US Crypto News

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee as Ethereum, crypto capital, and one of the world’s biggest creators collide in a deal that has everyone talking.

YouTube star Jimmy Donaldson, better known as MrBeast, may have claimed he has “negative money,” but his company, Beast Industries, just received a massive boost.

In a Thursday announcement, BitMine Immersion Technologies revealed a $200 million equity investment.

BITMINE JUST MADE A $200M MOVE OUTSIDE CRYPTO$BMNR announced a $200M equity investment into Beast Industries, the company behind MrBeast.

This isn’t a random bet.
It’s strategic.