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
ETH6.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)