South Korean retail investors have seen a net inflow of $259 million into BitMine stock since July

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PANews
08-12
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PANews reported on August 12 that according to Bloomberg, BitMine Immersion Technologies Inc., a US-listed company, has become the most popular overseas stock among Korean retail investors, with net capital inflows reaching $259 million since July.

It is reported that BitMine has transformed into a digital asset repository company, currently holding $3.6 billion worth of Ethereum, making it the world's largest Ethereum reserve. Influenced by Ethereum's price breaking through $4,300, BitMine's stock price soared over 3,000% in July but subsequently fell by 62%. About one-third of the Korean population is active in the digital asset market, preferring high-risk, high-return investment opportunities.

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