According to Foresight News , Beast Industries, owned by popular YouTube creator MrBeast, announced its acquisition of Step, a mobile banking app targeting young people, to expand its financial services footprint. Beast Industries CEO Jeff Housenbold stated that the acquisition will leverage technology-driven solutions to improve the financial health of its audience. Step currently boasts over 7 million users and has raised approximately $500 million from investors including Stephen Curry and Justin Timberlake.
According to a previous report by Foresight News , Ethereum treasury company BitMine announced a $200 million equity investment in Beast Industries.
