After the Divorce, I Found a Thousand Bitcoins - Chapter 118

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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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I Got Divorced and Found a Thousand Bitcoins Episode 118

Kang Hyeon got straight to the point.

He showed the hologram demonstration video he had prepared for this meeting.

“This is a hologram currently being developed at KH Group’s research institute.”

“Oh… You also possess this level of hologram technology?”

“Yes. We’re researching and developing various technologies. Using this hologram technology, we plan to open a pop-up store at Araon Studio and create an experiential screening room there.”

“An experiential screening room? What kind of experience would it provide?”

“We want people to experience the coronation ceremony, which is one of the highlight scenes from Season 1 of The Founding of the Great Korean Empire.”

The Founding of the Great Korean Empire progresses through multiple seasons.

So there were highlight scenes for each season.

Among them, the coronation ceremony could be called the highlight of Season 1’s highlights.

The scene where the protagonist, who fell into another world, goes through many hardships and ascends to the coronation to proclaim the nation called the Great Korean Empire.

This scene was scheduled to be included in the final episode of Season 1.

“Hmm, but wouldn’t that be a spoiler for visitors using Araon Studio’s pop-up store?”

“That would be the case, but since it’s content already revealed in the original work and webtoon, it shouldn’t be a major problem.”

“That’s certainly true, but this work has been adapted, so we can’t rule out the possibility that expectations for it to flow differently might be underlying.”

“I understand. However, I believe that experiencing this kind of experiential preview will further amplify expectations for the work. The viral activity on social media will become more active too.”

In modern society, social media virality was essential.

Promotion was determined by how much people shared and spread content.

In the music industry, there were times when viral content led to reverse runs or the birth of global hit songs.

Media was the same way.

With the proliferation of OTT platforms, content was pouring out at an absurd rate.

In this flood, if proper promotion wasn’t carried out, there was a possibility of being buried no matter how much money was spent on production costs.

‘Since it’s an Amazon original work, self-promotion will guarantee some exposure to a degree, but…’

He had no intention of being satisfied with just that level.

Above all, he wanted to create synergy through collaboration with Araon Studio.

That way, Araon Studio would naturally be able to promote itself as well.

“What do you think?”

At Kang Hyeon’s proposal, Thomas Lee pondered for a moment before answering.

“I don’t think this is a decision I can make on my own. I’ll discuss it with my superiors and give you a final answer.”

“Yes, I hope for a positive response.”

Kang Hyeon smiled, applying gentle pressure until the very end.

After finishing the meeting with Amazon, Kang Hyeon received a piece of news.

“Saseng’s HBM5 has been delivered to Nvidia for the first time.”

“Is that so?”

“Yes. The internal conclusion is that with the physical product being delivered, there’s a high possibility that information about immersion cooling will become known to the world.”

HBM5 had immersion cooling technology applied to it.

To apply that, a new structure was implemented in HBM5.

The core material going into that was nickel, and it meant that this fact was about to become known to the world.

“How is the nickel mining in India currently progressing?”

All preparations for mining at India’s nickel mine were complete, and full-scale mining was underway.

“The first transaction is expected to take place next week.”

After hearing the report, Kang Hyeon immediately checked the charts connected to KH Capital’s system.

‘Nickel prices are rising, but it’s still hard to say they’ve entered a cycle.’

However, Kang Hyeon was certain as he saw the red glow emanating from the chart.

‘With the official release of HBM5, it will now become known to the world. How important nickel becomes.’

Especially Grade 1 nickel would experience a shortage phenomenon.

Just like how consumer memory and graphics cards were currently experiencing shortages.

‘I hope it starts quickly.’

His heart pounded with anticipation.

A week had passed since HBM5 was delivered.

A research institute secretly obtained HBM5 and began reverse engineering it.

Actually, they had a general understanding of HBM5’s structure.

Stacking chips together made it HBM5.

The problem was the immersion cooling technology that controlled heat generation.

Because they were stacked so densely, inserting a new cooling system called immersion cooling was extremely difficult.

Above all, they were curious about what kind of liquid went into the immersion cooling.

So they took it apart and discovered one fact.

“This is the core component that maintains the immersion cooling.”

“How on earth did they make such thin tubes?”

“The material itself seems to be made of nickel…”

“And it seems to be high grade too?”

“Did you say Nathan from Nereid made this?”

“Yes. According to information, he was definitely involved.”

“That guy wasn’t an ordinary genius.”

Nereid, which developed immersion cooling.

And the story that Nathan, who founded Nereid, was a genius was famous in the industry.

However, seeing him unable to complete immersion cooling for quite some time, there were many who said it might be inflated hype.

Moreover, when Nereid faced the crisis of closing due to difficulties in maintaining operations, interest in Nathan soon disappeared.

That Nathan suddenly developed immersion cooling technology and signed a contract with Saseng.

After that, Saseng loaded immersion cooling into HBM5 and contracted with Nvidia.

Everything proceeded smoothly, and Saseng’s stock price soared.

The product that came out was literally a masterpiece.

“HBM5 is impressive, but what’s more amazing is this immersion cooling technology and this component that incorporates it.”

“Making this would be difficult, but it’s not at an impossible level.”

“We need to secure nickel supply right away, don’t we?”

Rumors began to spread quickly.

There wasn’t just one or two companies that obtained HBM5 and conducted reverse engineering.

Since it was something that could change the landscape of the memory market, naturally countless companies jumped in.

And it was instantaneous for those companies to realize the importance of nickel.

Naturally, they moved to purchase nickel.

The problem was.

“Buy orders are flooding in all at once, causing nickel prices to skyrocket!”

Too many people rushed in at once.

And with too many buyers flocking to nickel, the global financial industry, including Wall Street, also took action.

“Nickel spot prices have begun to soar.”

“According to rumors, nickel is essential for the immersion cooling system in HBM5.”

“The grade of nickel used must be Grade 1.”

“Some quick-witted companies have started taking large positions in futures!”

Nickel prices began to skyrocket.

KH Capital.

Kwangho was sitting in front of his monitor today as well, diligently analyzing charts.

‘Not much changes even after becoming president.’

Although his title changed to president, his work didn’t change much.

Of course, he no longer conducted trades on the front lines like before.

Since there were many more employees below him, he left trading to them and his role was to receive final reports.

But there were times when he had to step up to the front lines.

That was when orders came directly from Kang Hyeon.

‘He suddenly contacted me telling me to watch nickel.’

The contact from Kang Hyeon had come three days ago.

He told him to watch nickel, which they had been maintaining a long position on, then hung up.

So Kwangho directly monitored nickel while watching the screens.

But there were no significant changes for three days.

The price had risen slightly, but this was always happening.

‘By the way, when is he planning to sell this?’

It had been nearly 6 months since they took the nickel position.

Considering it was futures, this was a very long position holding period.

If they weren’t an institution, maintaining it for this long would have been impossible.

So discussions kept coming up internally.

-President, shouldn’t we start closing the nickel position?

-I think we should close at least part of it.

-We’re already making sufficient profit. How far are you planning to take this?

Of course, all the people saying this were newly hired traders.

The position had been established before they joined, and since it was still being maintained and most importantly was profitable, discussions arose about partially closing the position to realize profits.

But Kwangho dismissed all their opinions.

‘I have to trust Kang Hyeon. I can’t trust what those guys say.’

The early KH Capital days.

Kwangho was implementing exactly what he had told Seong-won.

“Huh?”

That’s when it happened.

The nickel price in the chart began to stir.

Downward?

No, upward.

[+3.5%]

The price had risen 3.5 percent based on today’s trading.

Nickel hadn’t shown this level of price volatility recently, so he was surprised when.

[+6%]

Suddenly the price jumped another 3 percent.

‘What is this? Why is the price suddenly doing this?’

The buying pressure didn’t stop there.

[+8%]

In the blink of an eye, it rose another 2 percent.

Just as he was about to check the news on his sub-monitor thinking some news might have broken, the president’s office door opened and Seong-won, who had become the team manager of Prop Trading Team 1, entered.

“P… President!”

“Team Manager! You can’t just go in suddenly!”

The secretary urgently tried to stop him from behind, but Seong-won’s words didn’t end.

“It’s been revealed that nickel is essential for the liquid cooling system going into HBM5!”

Ah, now he understood.

“So that’s why it’s rising?”

“Yes! Everyone has started betting on nickel longs! The whole world!!”

Traders from around the world had started betting.

In short, it was the beginning of a major surge.

[Nickel futures closed up 32 percent in just one day.]

[It’s understood that traders worldwide simultaneously bet long on nickel futures, creating a sharp rise.]

[The London Metal Exchange activated buy-side circuit breakers three times, judging that nickel prices were rising too rapidly.]

[Experts analyzed that buying pressure surged after it became known that nickel is essential for HBM5.]

All financial news was flooded with nickel-related stories.

It was very unusual for a single stock to rise this much, and since interest in investment had recently increased in South Korea, related news recorded high view counts.

-This upward trend is insane ㄷㄷ

-Wasn’t nickel a stable stock that traded in a certain price range?

Yeah, that’s right. The prevailing expectation was that prices would fall since we’re at the top of the cycle.

The price spiked so hard, there must have been a ton of liquidations.

That’s probably why the price went up even more.

A kind of short squeeze phenomenon overlapped, causing futures prices to rise even more than expected.

The next day, when Kang Hyeon visited KH Capital, Kwangho and other key personnel gathered in the meeting room for a briefing.

“Yesterday’s rise brought profits to 1.2 billion dollars.”

1.2 billion dollars.

In Korean won, it was an amount reaching 1.74 trillion won.

“What was the original amount invested?”

“It was around 1.7 billion dollars.”

This meant they were recording a return rate of over 50 percent.

Most of this return rate came from yesterday’s rise.

“What should we do? We could close part of it at this point…”

Not only Kwangho but the prevailing opinion within KH Capital was that they should reduce the nickel position.

If it became known that they held this scale of nickel, attacks could come in targeting a long squeeze instead.

Most importantly, profit realization was something all professional traders knew was important.

So they recommended closing part of the position, but.

“No. We’re holding for the time being.”

Kang Hyeon had no intention of selling at this point.

“Nickel’s super cycle is just beginning.”

At his words, everyone in the meeting room gulped.

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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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