Bitmine Immersion Technologies recently invested in the crypto treasury company 8o and the Mr. Beast YouTube channel.
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5/1/2026
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5/1/2026
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Tom Lee's Crypto Company Is Imploding
Wall Street Millennial
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Related Claims
Bitmine Immersion Technologies announced in June 2025 that it would cease Bitcoin mining and transition into an Ethereum treasury company.
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In March 2026, Bitmine Immersion Technologies invested an additional $80 million into 8o Holdings, acquiring 87 million new shares at 92 cents per share.
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Wall Street Millennial believes the primary motivation for Bitmine Immersion Technologies' investment in MrBeast was to attract more attention from retail investors and encourage them to purchase Bitmine stock.
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