Svmuu News: Beast Industries has announced the completion of a $200 million funding round led by BitMine. The company’s core business is media and consumer holdings, encompassing content production, consumer brands such as Feastables and MrBeast Burger, as well as commercial investments.BitMine stated that it has agreed to invest $200 million in Beast Industries, a media and consumer holding company founded by YouTube creator MrBeast. BitMine currently holds over 4 million ETH, valued at approximately $13 billion, making it the world’s largest holder of Ethereum in its treasury.Beast Industries CEO Jeff Housenbold said the funds will be used to support growth plans and explore the integration of decentralized finance (DeFi) features into future financial services products. The transaction is expected to close around January 19.