BitMine predicts 10x on MrBeast investment, targets $400M ETH yield
Yahoo Finance·2026-01-16 15:39
Core Viewpoint - BitMine anticipates generating over $400 million in annual income from staking its $13 billion Ether treasury [1] Group 1: Financial Expectations - The company expects significant revenue from its Ether treasury, projecting over $400 million annually [1] - The Ether treasury is valued at $13 billion, indicating a substantial asset base for the company [1] Group 2: Strategic Investments - BitMine has made a $200 million investment in YouTuber MrBeast, which the chairman described as a "no-brainer" moonshot [1]