Korean Investors Bet Big on BitMine Despite 80% Slump
South Korean retail investors have shown remarkable resilience towards BitMine, investing $1.4 billion in 2025 despite an 80% share price decline. The company, focusing on Ethereum accumulation, ranks as the second most popular overseas holding for Korean traders, following Alphabet.
This trend highlights a growing appetite for high-risk digital asset exposure. Even a leveraged ETF tracking BitMine saw $566 million in inflows, despite an 86% crash. Backed by Peter Thiel and Tom Lee, BitMine's commitment to the Ethereum ecosystem appears to drive investor conviction.