Summary
- It was reported that Korean individual investors have recently ranked BitMine stock as their top overseas equity purchase.
- BitMine has shifted from Bitcoin mining to operating as a digital asset treasury, and is acquiring Ethereum on a large scale.
- Korean individual investors are also showing strong interest in virtual asset-related stocks.
U.S.-listed digital asset holding company BitMine Immersion Technologies (hereinafter referred to as BitMine) has emerged as the number one overseas stock purchase choice among Korean individual investors.
On the 12th (KST), Bloomberg News, citing data from the Korea Securities Depository, reported that from early July to the present, Korean individual investors have made net purchases of BitMine stock totaling $259 million (approximately ₩357 billion). This is the highest amount for the same period in terms of transaction value.
BitMine has recently transitioned from a Bitcoin (BTC) mining business to a digital asset treasury operator and is now aggressively accumulating Ethereum (ETH) as its primary asset. Its current holdings amount to $3.6 billion (about ₩4.9 trillion), making it the world's largest publicly traded holder of Ethereum.
Additionally, Korean individual investors have shown significant interest in other virtual asset-related stocks such as Circle Internet Group.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
