Bitmine Immersion Technologies to invest $200m in Beast Industries.

Bitmine Immersion Technologies, an Ethereum treasury company, agreed to invest $200m in Beast Industries, a multifaceted entertainment, consumer products, and CPG company. "We are excited to welcome Tom Lee and Bitmine as new investors in Beast Industries joining our current top-tier venture investors. Their support is a strong validation of our vision, strategy, and growth trajectory and it provides additional capital to achieve our goal to become the most impactful entertainment brand in the world. We look forward to exploring ways to further collaborate and incorporate DeFi into our upcoming financial services platform," Jeff Housenbold, Beast Industries CEO.