A group (including Mr Beast) wants to buy TikTok for more than $20 billion

The consortium has the support of Mr. Beast (Jimmy Donaldson), who has the most followed account on YouTube, Mr. Tinsley asserts in an interview with Bloomberg.

«Mr Beast and his team definitely support our group, but it’s not exclusive. We hope he can work with as many groups as possible [in order to acquire TikTok]», he adds.

In addition to Mr. Tinley, founder of Employer.com, the consortium mainly includes CEOs of technology companies, such as David Baszucki, co-founder and CEO of Roblox Corp, as well as Nathan McCauley, co-founder and CEO of Anchorage Digital.

Mr. Tinsley stated to Bloomberg on January 29 that his group’s offer was « significantly higher » than that of a competing buyer.

It may refer to the Project Liberty offer, organized by the former owner of the Los Angeles Dodgers, Frank McCourt, and the famous Shark Tank investor, Kevin O’Leary.

The American president Donald Trump signed a decree on January 20 to suspend for 75 days the enforcement of the law prohibiting the social network TikTok in the United States.

For several years, the U.S. government has viewed ByteDance (the parent company of TikTok) as a national security threat due to its alleged sharing of American user data with the Chinese government.

At this time, there was no direct response from ByteDance.