BitMine South Korea stock has surged in popularity, becoming the second most bought overseas stock in 2025. Backed by Peter Thiel and led by Tom Lee, South Korean retail investors poured $1.4 billion into it despite an 82% collapse since July, driven by its Ether hoarding strategy.
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Net $1.4 billion invested by South Korean retail traders in BitMine this year, per Financial Times data.
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BitMine ranks just below Alphabet as the top foreign stock preference among Korean investors.
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Company holds $12 billion in Ether, positioning it as the largest listed Ether accumulator, according to strategicethreserve.xyz.
BitMine South Korea stock attracts $1.4B from retail investors in 2025 despite 82% drop. Explore Ether hoarding strategy, holdings, and why Korean ‘ants’ keep buying. Stay ahead in crypto—read insights now!
What Makes BitMine South Korea’s Second Most Bought Overseas Stock?
BitMine South Korea stock dominance stems from its pivot to Ether accumulation, drawing massive retail interest. The U.S.-listed firm, backed by Peter Thiel and managed by former Wall Street strategist Tom Lee, saw South Korean investors inject a net $1.4 billion in 2025 alone, according to Financial Times reports. This positions it second only to Alphabet, highlighting Korean traders’ appetite for high-volatility crypto plays despite an 82% stock plunge since early July.
Why Did BitMine Switch from Bitcoin Mining to Ether Hoarding?
BitMine’s strategic shift from Bitcoin mining to hoarding Ether transformed its fortunes overnight. The announcement ignited a staggering 3,000% stock rally by July 3, catapulting it onto South Korean radars. Previously obscure, the company now holds approximately $12 billion in Ether, establishing itself as the premier listed Ether treasury entity per strategicethreserve.xyz metrics.
This move aligned with Ether’s status as the second-largest cryptocurrency by market capitalization. Ether briefly rallied to nearly $5,000 in August, buoyed by BitMine’s accumulation. Though Ether prices have dipped 11% year-to-date, the firm’s unwavering commitment sustains investor faith. South Korean retail investors, dubbed “ants” for their collective swarm-like buying, doubled down even as shares cratered post-peak.
Comparable inflows reached $566 million into the T-Rex 2X Long BitMine Daily Target ETF, which mirrors BitMine’s performance at double leverage and has shed 86% from its September high. Such tolerance for volatility underscores Korea’s crypto-centric retail culture, where young traders chase altcoins and leveraged gains relentlessly.
Frequently Asked Questions
How Much Have South Korean Investors Invested in BitMine Stock in 2025?
South Korean retail investors committed a net $1.4 billion to BitMine stock through December 29, 2025, per Financial Times analysis. This excludes $566 million into the related leveraged ETF. Their persistence amid an 82% drawdown ranks BitMine second among foreign stocks, trailing only Alphabet.
What Is the Value of BitMine’s Ether Holdings Today?
BitMine currently holds around $12 billion worth of Ether, making it the largest publicly listed holder focused on the token. This treasury, tracked by strategicethreserve.xyz, supports its role as a dedicated Ether accumulator amid market fluctuations.
Key Takeaways
- Explosive Popularity: BitMine South Korea stock drew $1.4 billion in 2025, fueled by a 3,000% rally after Ether pivot.
- Resilient Buying: Korean “ants” continued purchases despite 82% stock drop and Ether’s 11% yearly decline.
- $12 Billion Stake: Largest Ether treasury cements BitMine’s position; monitor for rebound signals in volatile markets.
Conclusion
BitMine South Korea stock exemplifies retail fervor in crypto, with $1.4 billion inflows underscoring Ether hoarding’s appeal despite sharp corrections. Backed by figures like Peter Thiel and Tom Lee, its $12 billion Ether position signals sustained commitment amid global volatility. As South Korea’s crypto culture evolves, BitMine remains a bellwether—watch for Ether rallies to drive renewed momentum and potential stock recovery.
Source: https://en.coinotag.com/south-korean-investors-bet-1-4b-on-bitmine-ether-hoard-amid-82-stock-drop
