Ethereum Giant BitMine Backs MrBeast with $200 Million, But Why?

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.

The deal was announced during BitMine’s Annual Stockholder Meeting at the Wynn Las Vegas. The firm has positioned itself as a global leader in Ethereum liquidity, with a goal to acquire 5% of…

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