Bitmine Bets $200 Million on Beast Industries to Accelerate Ethereum Treasury Strategy
Bitmine Immersion Technologies (BMNR) announced a $200 million equity investment in Beast Industries, with closing expected around January 19, 2026, as part of its strategy to expand Ethereum treasury operations and DeFi capabilities, including launching MAVAN (Made-in-America Validator Network) in Q1 2026. The deal is backed by high-profile investors and MrBeast-led Beast Industries, with Bitmine’s annual stockholder meeting slated for January 15, 2026.