## Korean Investors Increase Investment in Bit Mining (BMNR) Korean retail investors have been heavily investing in Bit Mining (BMNR), a Nasdaq-listed Bitcoin mining company that strategically acquires Ethereum. Data from the Korea Securities Depository reveals a net purchase of $259 million (360 billion KRW) worth of Bit Mining shares since July, making it the most purchased foreign stock by Korean investors during this period. ## Bit Mining's Significant Ethereum Holdings Bit Mining's appeal likely stems from its substantial Ethereum holdings. The company currently holds 1,152,63 ETH, valued at approximately $4.96 billion. This makes Bit Mining the company with the largest ETH holdings globally, potentially attracting investors seeking exposure to Ethereum through a publicly traded entity. This strategic investment in Ethereum might be seen as a diversified approach to cryptocurrency holdings by the company, enhancing its attractiveness in the crypto market. ```

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