Overview
- Bitmine Immersion Technologies announced a $200 million equity investment in Beast Industries with the transaction expected to close on or about January 19, 2026.
- Beast Industries, founded by YouTube creator Jimmy Donaldson (MrBeast), reaches over 450 million subscribers and generates roughly 5 billion monthly views across channels.
- Beast Industries’ CEO said the companies plan to explore decentralized finance features for a forthcoming financial services platform.
- Bitmine targets acquiring 5% of circulating ether and plans to launch its MAVAN validator network in Q1 2026, citing support from investors including ARK’s Cathie Wood, Founders Fund, Pantera, Kraken, DCG and Galaxy Digital.
- Bitmine is holding its annual stockholder meeting today at the Wynn Las Vegas, with a livestream available on its X account.