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Since July, retail investors in South Korea have net invested $259 million in BitMine stocks.
According to Hash Chain News, BitMine Immersion Technologies Inc. has become a popular overseas stock among Korean retail investors, with a net inflow of funds reaching $259 million since July. BitMine has transformed into a digital asset vault company, holding $3.6 billion worth of Ethereum, making it the largest holder of Ethereum in the world. Benefiting from the Ethereum price surpassing $4,300, BitMine's stock price soared by 3,000% in July but subsequently fell by 62%. About one-third of the population in South Korea is active in the digital asset market, leaning towards high-risk, high-reward investment opportunities.
$ETH #Cryptocurrency # Blockchain #BitMine # Investment #DigitalAssets