BitMine’s $200 million MrBeast investment seen as strategic diversification: B. Riley
The investment gives BitMine exposure to consumer media and potential DeFi revenue streams, strengthening its treasury strategy beyond ether accumulation.
MrBeast
BitMine expects $400 million income on ether holdings, bet on MrBeast could '10x'
BitMine Chair Tom Lee told investors that the company could generate over $400 million income on its $13 billion worth of ether holdings, primarily via staking.