BitMine Accumulated $1.4 Billion by South Korean Investors Despite 80% Price Drop
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Investment Surge: Despite BitMine's stock plummeting approximately 80% since its July peak, South Korean investors aggressively accumulated $1.4 billion in shares in 2025, reflecting strong confidence and risk appetite towards the company.
- Market Performance Comparison: BitMine ranks second among overseas stocks purchased by Korean investors, trailing only Alphabet, and surpassing major investment vehicles like the Vanguard S&P 500 ETF and Nvidia, underscoring its significant market position.
- Leveraged Investment Strategy: Investors amplified their exposure to BitMine through a 2× leveraged ETF launched by T-Rex, even as the product itself fell about 86% since September, indicating a high-risk tolerance among investors.
- Investor Behavior Analysis: The data reveals that South Korean investors did not retreat after substantial losses but instead viewed the price drop as an investment opportunity, demonstrating their sustained confidence and enthusiasm for crypto-adjacent equities.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






