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Korean retail investors pile into BitMine after 80 percent plunge

Korean retail investors are concentrating buying in overseas crypto-related stocks even after sharp drops, the article said. BitMine Immersion Technologies, backed by Tom Lee and focused on accumulating ether, fell about 82 percent from its July high but stayed near the top of Korean investors’ buy rankings. Data cited by Bloomberg showed Koreans were net buyers of about $1.4 billion of BitMine in 2025 and added $566 million to a 2-times leveraged ETF. Circle also drew nearly $1 billion, amid expectations of easing stablecoin rules.