Beast Industries Completes $200M Funding Round Led by BitMine

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Release Time:01/15/2026 13:45:35

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Summary

Beast Industries announced a $200 million project funding round led by BitMine. The company operates in the media and consumer sectors, including Feastables and MrBeast Burger. BitMine holds over 4 million ETH, valued at $13 billion. CEO Jeff Housenbold stated that the funds will support ecosystem growth and explore DeFi integration. The deal is expected to close on January 19.

Odaily Planet News: Beast Industries has announced the completion of a $200 million funding round, led by BitMine. The project's main business focuses on media and consumer holdings, covering content production, consumer brands such as Feastables and MrBeast Burger, as well as commercial investments.

BitMine has announced that it has agreed to invest $200 million into Beast Industries, a media and consumer holding company founded by YouTube creator MrBeast. BitMine currently holds over 4 million ETH, valued at approximately $13 billion, making it the largest holder of Ethereum treasury reserves globally. Beast Industries CEO Jeff Housenbold stated that the funds will be used to support growth plans and explore the integration of decentralized finance (DeFi) features into future financial products. The transaction is expected to be completed around January 19.

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