Korean investors continue to buy BitMine shares despite the stock price decline

Foresight News reported, citing Bloomberg, that despite BitMine, an Ethereum treasury company, seeing its stock price drop by about 82% from its July peak, it has still become one of the most popular overseas stocks among South Korean investors in 2025. According to data from the Korea Securities Depository, South Korean retail investors made net purchases of $1.4 billion in BitMine stock in 2025, making it the second most favored foreign security among investors in the country, second only to Alphabet Inc., Google's parent company.

BitMine currently holds approximately $12 billion worth of Ethereum, making it the largest Ethereum treasury company at present. In addition, South Korean investors have also invested $566 million in its 2x leveraged ETF, the "T-Rex 2X Long BitMine Daily Target ETF," which aims to provide twice the daily return of BitMine's performance.