Hoarding Logic
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An 80% Wipeout Hasn’t Stopped Korean Retail From Chasing Tom Lee’s BitMine
Yahoo Finance· 2025-12-31 16:00
BitMine (BTMNR) stock price chart showing a sharp year-to-date decline after a speculative surge. Photo by BeInCrypto An 80% collapse would normally mark the end of a speculative trade. In South Korea’s retail-driven crypto ecosystem, it has done the opposite. BitMine Immersion Technologies, the Tom Lee–backed US-listed firm that reinvented itself as an Ether hoarding vehicle, now ranks second only to Alphabet among the most purchased overseas stocks by South Korean investors in 2025. Korean Retail Keep ...