Morning Minute: Tom Lee Backs Mr. Beast with $200M

Morning Minute is simply a regular newsletter written by Tyler Warner. The investigation and opinions expressed are his ain and bash not needfully bespeak those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s apical news:

• Crypto majors are reddish and cooling off; BTC astatine $95,400

• Tom Lee’s BMNR invests $200M successful equity into Mr. Beast’s platform

• X cracks down connected InfoFi, KAITO falls 20%

• Saturn announced 11% output connected its USDat stablecoin via Strategy’s STRC

• GAS token soars 700% to $44M arsenic trenches amusement beardown signs of life

A astonishing caller concern juxtaposes the look of Ethereum with the look of each content.

BitMine Immersion Technologies (BMNR) announced a $200M concern into the fiscal level inaugural led by YouTube creator MrBeast.

BitMine is backing the platform’s broader imaginativeness to connection on-chain fiscal products, including DeFi integrations tied to BitMine’s Ethereum treasury and MrBeast’s monolithic idiosyncratic basal (200M+ subscribers).

Key information points:

• BitMine’s treasury already holds 4.16M ETH, good connected his mode to owning 5% of the ETH proviso and by acold the largest ETH DAT

• The $200M committedness marks 1 of the largest publically disclosed investments by a listed crypto steadfast into a user fintech/creator-economy task ever

• MrBeast’s level aims to blend accepted fiscal tooling with crypto rails, leveraging BitMine’s infrastructure and liquidity.

The concern quality coincided with broader momentum for BitMine’s nationalist communicative successful 2026, fueled by ETH’s +12% commencement to the year.

Jeff Housenbold, CEO of Beast Industries, said the steadfast would research ways to “incorporate DeFi into our upcoming fiscal services platform”

This concern is notable for a fewer reasons.

First, this is the archetypal clip we’ve seen a crypto DAT usage its superior for a meaningful concern extracurricular of crypto tokens.

Most DATs simply rise superior and bargain their respective token (i.e. BMNR and ETH), and if holders are lucky, the squad volition squeak retired immoderate further ROI via yield.

Tom and squad are going a antithetic way by utilizing maturation superior to marque “moonshot” bets. And that makes BMNR a overmuch much absorbing stake than immoderate different DATs retired determination (you get the ETH upside + the moonshot upside).

This is besides meaningful for imaginable mainstream adoption.

MrBeast’s level is immense and his caller finance-focused app is simply a cleanable accidental to get crypto concern into retail.

Overall this feels similar a large connection from Tom Lee—BMNR is going connected offense, not conscionable playing defence successful 2026.