BitMine is the foreign stock of choice for South Korean retail investors, attracted by the high-risk, high-reward opportunities in the cryptocurrency space. Since the beginning of July, South Korean retail investors have invested a net $259 million in BitMine shares. BitMine wants to follow the business model promoted by Michael Saylor's Strategy and focus on Ethereum rather than Bitcoin.
BitMine, a U.S.-listed bitcoin mining company backed by Peter Thiel's Founders Fund, currently has an Ethereum treasury worth $3.60 billion.
South Korean retail investors have invested $259 million net to buy BitMine shares
2025-08-11 10:15:02
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