MrBeast's Financial Play: BitMine Eyes $200M Stake in Step as Next-Gen Wealth Platform

Thomas Lee, chairman of BitMine Immersion (BMRN), warned at Consensus Hong Kong (February 11, 2026) that the next generation’s major financial institution may emerge from digital platforms rather than Wall Street. Thomas Lee highlighted MrBeast’s $200 million investment in a neobank deal to buy Step, positioning the platform as a primary onramp to crypto for Gen Z and Gen Alpha. Lee drew precedent from Schwab serving Baby Boomers and BlackRock/Blackstone attracting capital from Generation X, while noting Robinhood’s capture of Millennials. With 120 million U.S. and over a billion global followers, MrBeast aims to serve a demographic expected to drive a major wealth transfer over the next decade. If Step becomes their primary financial platform, BitMine could be positioned at the center of this evolving financial ecosystem.