![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
title: Seoul Mayor Oh Se-hoon's bold stock investment strategy has drawn attention
Mar 29, 2025 at 08:51 am
input: Seoul Mayor Oh Se-hoon's bold stock investment strategy has drawn attention since the disclosure of high-ranking government officials' assets
Seoul Mayor Oh Se-hoon's bold stock investment strategy has drawn attention since the disclosure of high-ranking government officials' assets.
On the 27th, it was confirmed that 51% of Mayor Oh's U.S. stock holdings, valued at 1 billion won, were invested in Bitcoin's largest holding company Strategy (MSTR) at the end of last year.
On the 27th, it was confirmed that 51% of Mayor Oh's U.S. stock holdings, valued at 1 billion won, were invested in Bitcoin's largest holding company Strategy (MSTR) at the end of last year.
According to the 'Report on the Status of High-Ranking Government Officials' Assets' for 2022, which was released by the Office of Government Ethics on the 27th, Mayor Oh's stock portfolio at the end of last year totaled 1,051.91 million won, with 50.8% (approximately 530 million won) allocated to Strategy (1,241 shares).
According to the 'Report on the Status of High-Ranking Government Officials' Assets' for 2022, which was released by the Office of Government Ethics on the 27th, Mayor Oh's stock portfolio at the end of last year totaled 1,051.91 million won, with 50.8% (approximately 530 million won) allocated to Strategy (1,241 shares).
Strategy is the world's largest buyer of Bitcoin, holding 506,137 coins, and its stock price is highly correlated with the Bitcoin market price.
Strategy is the world's largest buyer of Bitcoin, holding 506,137 coins, and its stock price is highly correlated with the Bitcoin market price.
Mayor Oh, who has been advocating for the deregulation of virtual assets, is seen to have highly evaluated the growth potential of the coin market. He previously stated, "We should permit domestic virtual asset exchange funds (ETFs) and corporations to trade virtual assets."
Mayor Oh, who has been advocating for the deregulation of virtual assets, is seen to have highly evaluated the growth potential of the coin market. He previously stated, "We should permit domestic virtual asset exchange funds (ETFs) and corporations to trade virtual assets."
Strategy is considered a prime example of a company that is simultaneously attracting investors' expectations and concerns with its stock price growth through virtual asset trading.
Strategy is considered a prime example of a company that is simultaneously attracting investors' expectations and concerns with its stock price growth through virtual asset trading.
Strategy, which has a deficit budget, is investing in Bitcoin through the issuance of convertible bonds, and its stock price performance is a topic of interest among investors.
Strategy, which has a deficit budget, is investing in Bitcoin through the issuance of convertible bonds, and its stock price performance is a topic of interest among investors.
In addition to Strategy, Mayor Oh's portfolio included Nvidia (about 220 million won), IonQ (about 160 million won), and Palantir (13.7%, about 140 million won). All of these stocks are concentrated in volatile technology sectors, which can be interpreted as Mayor Oh's aggressive investment tendencies.
In addition to Strategy, Mayor Oh's portfolio included Nvidia (about 220 million won), IonQ (about 160 million won), and Palantir (13.7%, about 140 million won). All of these stocks are concentrated in volatile technology sectors, which can be interpreted as Mayor Oh's aggressive investment tendencies.
Mayor Oh's spouse also showed a focus on investing in artificial intelligence (AI) and quantum computing with stocks such as Tesla, Nvidia, Palantir, IonQ, and Liggeti Computing. They each had deposits worth 1.5 billion won, showing interest in risk distribution.
Mayor Oh's spouse also showed a focus on investing in artificial intelligence (AI) and quantum computing with stocks such as Tesla, Nvidia, Palantir, IonQ, and Liggeti Computing. They each had deposits worth 1.5 billion won, showing interest in risk distribution.
The stock price growth rate of the four stocks held by Mayor Oh last year was ▲ Strategy 358% ▲ IonQ 237% ▲ Nvidia 171% ▲ Palantir 340%. However, it is difficult to estimate the rate of return because the exact timing of Mayor Oh's purchase is not known.
The stock price growth rate of the four stocks held by Mayor Oh last year was ▲ Strategy 358% ▲ IonQ 237% ▲ Nvidia 171% ▲ Palantir 340%. However, it is difficult to estimate the rate of return because the exact timing of Mayor Oh's purchase is not known.
If Mayor Oh held these stocks as they were even after the wealth tally, it is estimated that he would be losing about 5% (as of the 28th). This is because the stock price of IonQ is hitting minus 45% this year due to the plunge in the stock price of quantum computing companies, and Nvidia is also hitting minus 19% this year. During the same period, the S&P 500 fell 3.6%.
If Mayor Oh held these stocks as they were even after the wealth tally, it is estimated that he would be losing about 5% (as of the 28th). This is because the stock price of IonQ is hitting minus 45% this year due to the plunge in the stock price of quantum computing companies, and Nvidia is also hitting minus 19% this year. During the same period, the S&P 500 fell 3.6%.
Mayor Oh held a "Young Tech Special Lecture" for MZ generation officials on the 27th and taught them his know-how, saying, "Financial technology should never be done without thinking about following a friend." He then recommended young people to invest in blue-chip stocks in the U.S., saying, "Studying and investing in why the domestic stock market is not steadily rising like the U.S. stock market can reduce the probability of failure."
Mayor Oh held a "Young Tech Special Lecture" for MZ generation officials on the 27th and taught them his know-how, saying, "Financial technology should never be done without thinking about following a friend." He then recommended young people to invest in blue-chip stocks in the U.S., saying, "Studying and investing in why the domestic stock market is not steadily rising like the U.S. stock market can reduce the probability of failure."
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
- Arctic Pablo Coin (APC) Explodes onto the Meme Coin Market as One of the Best New Meme Coins to Invest in
- Apr 02, 2025 at 02:35 pm
- Meme coins have taken the crypto world by storm, evolving from internet jokes into serious investment opportunities. With the success of Dogecoin and Shiba Inu paving the way, new
-
- Cardano (ADA) Navigates a Critical Phase as Bulls Attempt to Stabilize Price
- Apr 02, 2025 at 02:35 pm
- After weeks of persistent decline, bullish investors are stepping in, attempting to stabilize price action and spark a recovery. However, the broader cryptocurrency market remains under pressure due to ongoing macroeconomic instability and global financial uncertainty.
-