South Korea’s retail investors ditched big tech stocks and shifted to ETH-related stocks
South Korean retail investors have reportedly ditched U.S.-listed big tech stocks like Alphabet and Tesla and have bought $259M worth of Peter Thiel-backed BitMine shares since early July. Korea Securities Depository claimed BitMine shares were the most popular foreign stock in the country. South Korean retail investors, who are reportedly drawn to high-risk, high-reward crypto opportunities, are now heavily targeting ETH treasury BitMine Immersion Technologies stocks. The U.S.-listed company recently transitioned from Bitcoin mining to an ETH treasury to accumulate and hold the token. It now has over $3.6B worth of ETH. Cryptopolitan recently reported that BitMine was considering issuing…








