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

Morning Minute is a each day publication written by Tyler Warner. The evaluation and opinions expressed are his personal and don’t essentially replicate these of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

At present’s prime information:

Crypto majors are crimson and cooling off; BTC at $95,400
Tom Lee’s BMNR invests $200M in fairness into Mr. Beast’s platform
X cracks down on InfoFi, KAITO falls 20%
Saturn introduced 11% yield on its USDat stablecoin through Technique’s STRC
GAS token soars 700% to $44M as trenches present sturdy indicators of life

💰 BitMine Backs MrBeast’s Monetary Platform With $200M Funding

A shocking new funding juxtaposes the face of Ethereum with the face of all content material.

📌 What Occurred

BitMine Immersion Applied sciences (BMNR) introduced a $200M funding into the monetary platform initiative led by YouTube creator MrBeast.

BitMine is backing the platform’s broader imaginative and prescient to supply on-chain monetary merchandise, together with DeFi integrations tied to BitMine’s Ethereum treasury and MrBeast’s huge consumer base (200M+ subscribers).

Key information factors:

BitMine’s treasury already holds 4.16M ETH, effectively on his approach to proudly owning 5% of the ETH provide and by far the biggest ETH DAT
The $200M dedication marks one of many largest publicly disclosed investments by a listed crypto agency right into a client fintech/creator-economy undertaking ever
MrBeast’s platform goals to mix conventional monetary tooling with crypto rails, leveraging BitMine’s infrastructure and liquidity.

The funding information coincided with broader momentum for BitMine’s public narrative in 2026, fueled by ETH’s +12% begin to the 12 months.

🗣️ What They’re Saying

Jeff Housenbold, CEO of Beast Industries, stated the agency would discover methods to “incorporate DeFi into our upcoming monetary providers platform”

🧠 Why It Issues

This funding is notable for a number of causes.

First, that is the primary time we’ve seen a crypto DAT use its capital for a significant funding exterior of crypto tokens.

Most DATs merely increase capital and purchase their respective token (i.e. BMNR and ETH), and if holders are fortunate, the crew will squeak out some extra ROI through yield.

Tom and crew are going a unique route by utilizing development capital to make “moonshot” bets. And that makes BMNR a way more fascinating wager than another DATs on the market (you get the ETH upside + the moonshot upside).

That is additionally significant for potential mainstream adoption.

MrBeast’s platform is large and his new finance-focused app is an ideal alternative to get crypto finance into retail.

Total this appears like a serious assertion from Tom Lee—BMNR is occurring offense, not simply enjoying protection in 2026.

Now we’ll see if anybody chooses to comply with swimsuit…

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🌎 Macro Crypto and Markets

A couple of headlines that stood out:

Crypto majors are crimson; BTC -1% at $95,400; ETH -1% at $3,310, SOL -1% at $144; XRP -2% to $2.06
DASH (+6%), SKY (+4%) and CHZ (+4%) led prime movers
The Financial institution of America’s CEO stated interest-bearing stablecoins may shift as much as $6T out of financial institution deposits, framing a part of the Senate invoice debate.
The Manhattan DA urged stronger crypto enforcement legal guidelines, pushing for harsher penalties for scams concentrating on weak populations
Two solo Bitcoin miners every gained practically $300,000 in uncommon block rewards amid shifting mining dynamics
Ripple secured a $150M financing take care of LMAX Group to speed up RLUSD adoption in institutional buying and selling desks
Interactive Brokers introduced 24/7 account funding powered by USDC

In Company Treasuries / ETFs

The BTC ETFs noticed $100M in web inflows on Thursday; ETH ETFs noticed $164M in web inflows
BMNR introduced a $200M funding in YouTuber MrBeast’s monetary platform enterprise

In Memes / Onchain Movers

Meme majors had been crimson once more; Doge -4%, Shiba -2%, PEPE -1%, TRUMP -1%, Bonk +1%, Pengu -4%, SPX -5%, WIF -3% and Fartcoin -3%
GAS soared 700% to $42M main all movers; TERRA +51x to $4M, Ralph +400% to $30M and SOL (+70%) to $20M

💰 Token, Airdrop & Protocol Tracker

Kaito’s token fell sharply on Thursday after Nikita Bier rolled out a brand new coverage chopping off API entry to InfoFi tasks
Ondo introduced a partnership with Felix for tokenized shares and ETFs on Hyperliquid together with borrowing
Saturn introduced $800k funding from Yzi Labs, providing 11% yield on its USDat stablecoin through STRC
Soccer dot Enjoyable’s FUN token is holding at $112M fdv in the future after TGE
FOGO is buying and selling at $415M fdv in its first day put up TGE

🚚 What is going on in NFTs?

NFT leaders had been very inexperienced on the day; Punks +1% at 29.2 ETH, Pudgy +6% at 5.43 ETH, and BAYC +10% at 6.5 ETH; Hypurr -1% 505 HYPE
Creepz (+18%) led notable prime movers
Pudgy Penguins introduced a collab with Manchester Metropolis