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Bitmine Immersion announces $200M equity investment in Beast Industries

Bitmine Immersion (BMNR) Technologies announced a $200M equity investment into Beast Industries. “MrBeast and Beast Industries, in our view, is the leading content creator of our generation, with a reach and engagement unmatched with GenZ, GenAlpha and Millennials,” said Thomas ‘Tom’ Lee, Chairman of Bitmine. “Beast Industries is the largest and most innovative creator based platform in the world and our corporate and personal values are strongly aligned.” The deal is expected to close on or about January 19.

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