Korean Retail Investors Net-Buy $259M of Bit Mining (BMNR); Company Tops Ethereum Holdings
I note that Korean investors have been increasing their stake in NASDAQ-listed Bitcoin mining firm Bit Mining (BMNR) since July, according to Bloomberg. Korean retail investors have net-bought $259 million in Bit Mining shares—about KRW 360 billion—since early July, making it the most purchased foreign stock in that period, based on Korea Securities Depository data.
I also observe that Bit Mining holds 1,150,263 ETH (roughly $4.96 billion) on its balance sheet, positioning it as the largest corporate holder of Ethereum by ETH holdings. This combination of heavy retail interest and substantial ETH reserves highlights Bit Mining (BMNR) as a notable crypto-linked equity play on NASDAQ.
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