After the Divorce, I Found a Thousand Bitcoins - Chapter 58
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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 058
[The KH Consortium, with SS Battery’s participation, has secured mining rights for the nickel mine discovered in the Chhattisgarh region, India.]
[This is the first time a consortium with multiple domestic companies participating has secured mining rights for an Indian mine.]
[Industry officials say that the nickel mine discovered this time contains large deposits of Class 1 grade nickel used in electric vehicle batteries, and evaluated that SS Battery has emerged as a new dark horse in the ESS market.]
[As news of securing the nickel mine mining rights spread, SS Battery and SS Minerals simultaneously hit their daily limit up, and all SS Group affiliates closed higher.]
All domestic media poured out articles related to the nickel mine mining rights.
At the same time, Lee Tae-sik, CEO of SS Battery, received media attention.
Flying to India to conduct interviews with domestic media, he enthusiastically promoted SS Battery.
-CEO Lee Tae-sik looks handsome.
-Is SS Battery about to take off now?
-Three consecutive limit ups, let’s go!!
-Wow! Lee Tae-sik is making moves!
-Damn! What is LC Energy Resources doing?!
└Why? They’re rising too.
└Still only went up 5 percent though.
└Honestly, I thought LC would take this one too. But they missed it.
└From LC’s perspective, this was a chance to leave SS Battery behind lol
└With this, who knows what will happen to the battery industry.
-SS Group was struggling recently, but they pulled this off.
This nickel mine mining rights acquisition was like rain during a drought for SS Group.
The prevailing assessment was that it was a game-changer that could make up for recently falling behind LC in the domestic battery industry.
And there was another place receiving attention.
[Choi Kang-hyeon, CEO of KH Recovery who leads the KH Consortium, stated in an interview with this publication, “Securing these mining rights was possible thanks to the Indian Government’s support and help from consortium members,” giving credit to the consortium members.
Meanwhile, KH Recovery CEO Choi Kang-hyeon is the person who acquired KH Construction after resolving the Yeongjong Island fraud case in the past, and is also the major shareholder of KH Construction, the initial discoverer of this nickel mine.]
Namely KH Recovery and KH Construction.
And Choi Kang-hyeon, who serves as CEO and major shareholder of both companies, received media attention.
As his name appeared in the media again, investor communities became buzzing.
-Choi Kang-hyeon pulled this off again?
-The KH Consortium representative was Choi Kang-hyeon, not Lee Tae-sik?
-Wow… Does this guy really have the Midas touch? Everything he invests in hits big.
-Wait, when did he win the highway construction contract? Now he’s discovered a nickel mine?
└According to local sources, he discovered the nickel mine while surveying for highway construction.
└Wow… Hit the jackpot while digging roads.
└At this level, isn’t it like hitting two consecutive Powerballs?
└The lottery isn’t even worth mentioning lol
-This guy definitely came back from the future.
Being an investment community, various stories about Kang Hyeon came up.
His investments weren’t famous among the general public, but were extremely well-known in the investment industry.
Some people theorized conspiracies about his investments that generated tremendous returns every time he entered, but these were dismissed as far-fetched stories.
Moreover, some began questioning this transaction.
-But looking at the deal details, doesn’t it seem like they took a loss?
└What do you mean?
└The KH Consortium promised the Indian Government highways, data centers, and even building battery factories. Can the nickel mine recover all this?
└Really?
└My friend works at SS Battery and heard it directly.
└Seems like there’s a lot of talk about this inside SS Group right now.
With many companies participating in the consortium, even confidential information was being leaked externally.
And as this information leaked, it somewhat affected stock prices.
[SS Battery, which rose for 4 consecutive days, entering adjustment phase?]
[As rumors spread that the amount of Class 1 grade to be mined from the nickel mine is less than expected, SS Battery’s stock price closed lower.]
[As SS Battery, which led the rise, declined, SS Group affiliates fell across the board.]
Rumors led to other rumors, and SS Group, which had been rising, began to decline.
Actually, it was more of an adjustment than a real decline.
Four consecutive days of gains, with two days hitting daily limits and another 15% rise over two days combined.
Though it was only a 5% drop from a situation where stocks had doubled from their original price, investors who entered at the peak couldn’t help but panic.
Moreover, negative news pouring out as if waiting for this moment made individual investors dump their holdings.
-Damn! My money!!
-But you said it would go up?! You said it would go up!!
-Why is it falling!
-Got fooled again ㅠㅠ
-Refund please…
It was the usual pattern repeating in stock discussion forums.
* * *
While South Korea was in an uproar over SS Battery.
Kang Hyeon was wrapping up his business in India.
Before leaving for South Korea, he met with Arita Varma.
“Barma Group’s stock price has risen quite a bit.”
“Thanks to you. Barma Group has secured massive revenue sources by collaborating on mining, highway construction, data centers, and even SS Battery’s factory.”
Barma Group was the biggest beneficiary of this consortium.
Arita also knew this and expressed sincere gratitude to Kang Hyeon.
“If you manage well like this, the group will come back to life.”
“Yes. I know. I won’t repeat the mistakes my father made.”
“I’ll trust in that.”
Arita Varma was using his father’s mistakes as a lesson.
Though uncertain if he’d continue this way, for now the possibility of making wrong choices was low.
“But, CEO. What are your thoughts on Barma Group’s stocks?”
Currently, Kang Hyeon held about 11% of Barma Group’s shares.
From Arita’s perspective, if that volume hit the market at once or was sold to someone else, his position as major shareholder could be shaken.
So he made a proposal to Kang Hyeon.
“If you’re thinking of selling, I’ll purchase them at 20% above the current stock price.”
He was essentially proposing a block deal.
And at 20% above current price at that.
It wasn’t bad terms, but Kang Hyeon shook his head.
“I plan to hold Barma Group stocks for a while longer. That way I can apply the brakes as a consortium member when needed.”
“Understood. If you do decide to sell later, I’d like you to transfer them to me.”
“Yes, I’ll keep that in mind too.”
As Kang Hyeon stood up, Arita followed suit.
“In a way, we started with bad blood, but now we’ve become comrades on the same boat.”
“I don’t consider my relationship with you as bad blood. Rather, I think of it as good fortune.”
“Thank you for thinking that way. Let’s meet again next time.”
“Until we meet again, Swasth raho, shubhkaamnaayein.”
“What does that mean?”
“It means may health, wealth, and success be with you.”
“Haha, thank you. I hope we can work together on even bigger deals next time.”
Though they met as enemies, he bid a brief farewell to Arita, who had become a comrade.
* * *
Returning to South Korea, Kang Hyeon took a few days’ rest.
“Phew… The travel fatigue is finally lifting.”
From South Korea to the United States, then to India again.
It was a rest that allowed him to recover from the travel fatigue that had unknowingly accumulated from such a busy schedule.
During this period, Kang Hyeon didn’t look at charts or news.
He focused on rest as much as possible while receiving massages and skincare treatments.
At the same time, he didn’t forget to spend time with his mother.
“Mother seems healthy too.”
After moving houses, Mother had been going out more frequently.
She was enjoying her hobbies and living her own life, spending happy days.
“I should learn from her.”
Seeing her enjoy pleasant times traveling with her aunts or visiting restaurants made him think he should learn a thing or two.
“I’ll learn how to rest later, but today let’s go work out again.”
He packed his things and left the house for the PT session he had missed while traveling abroad.
Though it was his first visit to the Center in a while, not much had changed.
Maybe a few new equipment pieces?
And there was one other big change.
“Member! It’s been a long time!”
Kang Chan-wook greeted him warmly.
Kang Hyeon couldn’t respond immediately upon seeing him.
“Why are you so surprised? Oh, are you surprised because I lost too much weight? I finally got my first EFC match scheduled. So I started cutting weight.”
Right, he had lost weight.
But that wasn’t why Kang Hyeon was surprised.
‘Has the light gotten stronger?’
The red light emanating from Kang Chan-wook had become more intense than before.
* * *
After finishing his first PT session since returning, Kang Hyeon stopped by the company.
“President! You’re back?”
“Did you come to work?”
Kang Hyeon entered the company to warm welcomes from employees, exchanged light greetings, and went into the Executive Office.
“Hmm…”
The light from Kang Chan-wook’s body wouldn’t leave his mind.
‘That level of light was almost similar to Nereid’s immersion cooling or India’s nickel mine.’
Both places had brought tremendous profits to Kang Hyeon.
But to think that a similar level of light was coming from Kang Chan-wook’s body.
Knock knock-!
Just then, Kwangho entered with a knock.
He closed the door, approached, and said.
“What are you thinking so deeply about? Or are you dazed because the PT was too intense?”
“Huh? No. The PT trainer went easy on me since it was my first day back. By the way, Kwangho, do you watch EFC?”
“EFC? Of course. Oh, didn’t you say your PT trainer is fighter Kang Chan-wook?”
“Right. You know him too?”
“Of course I know him! That fighter really fights boldly. In the recent EFC Challenge, he knocked out his opponent in the first round.”
Kang Hyeon hadn’t known since he wasn’t particularly interested in mixed martial arts.
“But does that fighter still do PT?”
“Huh? Yeah, he’s still my trainer.”
“Wow… They say mixed martial arts doesn’t pay well. I guess it really doesn’t.”
“But doesn’t EFC pay somewhat decent money?”
“Well, that’s true. But they say you need to fight several matches to get over a hundred million won salary. It’s a bit different if you get bonuses though. Anyway, since it’s overseas, that costs a lot of money too.”
“It costs that much?”
“You know Kim Hyeon-su, right?”
“The guy who appears on variety shows a lot these days?”
“Yeah, he was a former EFC fighter. He even reached 4th ranking in welterweight. But EFC doesn’t pay based on rankings, they pay based on star power.”
“Really?”
This was the first time he’d heard this.
Usually in sports, higher rankings mean higher salaries.
But EFC seemed to have a different system.
“That’s why when fighter Kang Chan-wook went to EFC Challenge, he got sponsorship through YouTube.”
“He did?”
“Yeah, to be exact, fighter Kim Hyeon-su received sponsorship money on his channel and delivered it to him. I think about 15 million won in sponsorship came in then.”
He learned that they train under quite harsh conditions.
‘Since light came from fighter Kang Chan-wook, investing in him would benefit me too.’
As he pondered how to invest, an idea came to mind.
“Kwangho.”
“Yeah?”
“How about we sponsor fighter Kang Chan-wook?”
They could directly become his sponsor and support him.
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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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