South Korean retail investors have been drawn to BitMine Immersion Technologies Inc., a publicly traded company listed in the U.S. The firm has seen significant investment, with net inflows exceeding $259 million since July. This move positions BitMine as the top-preferred stock among South Korean investors. BitMine recently transitioned into a digital asset holding company, currently accumulating a staggering $3.6 billion worth of Ethereum, making them the world’s largest reserve holder of this cryptocurrency. The company’s stock price experienced a significant surge in July, rising over 3000%, closely tied to Ethereum reaching its new all-time high of above $4,300. However, the stock subsequently declined by 62% following this period of growth. South Korea’s population actively engaged with digital assets is substantial, accounting for a significant portion—approximately one-third—of the country’s residents involved in this sector, demonstrating a preference for high-risk investments with potential for substantial rewards.