After the Divorce, I Found a Thousand Bitcoins - Chapter 60
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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 060
Florida.
Kang Chan-wook was sweating at the center run by former EFC welterweight champion Drew Jonathan.
“Hook! Hook! Hook!”
Thud-thud-thud-!
So passionate was he in his training that sweat scattered across the floor with every movement.
Kim Hyeon-su watched this scene with a pleased smile and spoke to the filming PD.
“You’re getting good shots, right?”
“Of course. I’m capturing every single scene. By the way, Chan-wook is really working hard.”
“He’s always been a hard worker.”
“That’s true. But somehow it feels like he’s putting in even more effort than usual.”
“Probably wants to give back as much as he received.”
Hyeon-su understood Chan-wook’s feelings as he watched him.
‘Since someone believed in him and helped him, he wants to repay that trust.’
The help from the man named Choi Kang-hyeon made Kang Chan-wook work even harder.
* * *
South Korea.
Kang Hyeon was lost in thought about one particular concern.
“Hmm, what should I do?”
“I know, right. This is quite a dilemma too.”
Kwangho, who was sitting across from him, pondered with a serious expression before seeming to make a decision and reaching out his hand.
“I’m going with jjajangmyeon today.”
“Okay, then I’ll go with jjamppong. Should we get sweet and sour pork?”
“Deal!”
The two men were very serious about choosing their lunch menu.
After quickly finishing their lunch, the two settled at a nearby cafe and soothed their greasy stomachs with iced americanos.
“Ugh, the jjajangmyeon is finally going down. Hey, by the way, did fighter Kang Chan-wook go to Florida?”
“Yeah, he went in a week ago.”
“He was almost crying when we signed the contract that day. Must have been really tough for him.”
“From what I heard, he couldn’t find a main sponsor, so he was going to either train domestically or go to Thailand.”
“Eh, Thailand might be a bit warmer, but it doesn’t help with jet lag at all, does it?”
“Exactly. That’s why he was worried.”
Kang Chan-wook’s situation had been worse than expected, and he was trying to choose even a second-best option.
At that exact timing, conditions were presented and the sponsor contract was quickly arranged.
“But why did you make KH Recovery the main sponsor instead of KH Capital?”
KH Recovery had become the main sponsor in the contract.
The reason was simple.
“There’s no reason to promote KH Capital, which runs on my money, to the outside world.”
“That’s true too. By the way, it’s kind of surprising that you suddenly made a sponsor contract with an MMA fighter? Did you always like mixed martial arts?”
Of course not.
But Kang Hyeon trusted the light that only he could see.
‘It will definitely come back to benefit me. And it’ll be no small benefit either.’
He was already looking forward to seeing how Kang Chan-wook’s sponsor contract would pay off.
“Oh, Kwangho. Let’s go to Vegas together this time.”
“Together?”
“Yeah, bring your wife too and let’s take a trip.”
“Well, that sounds good to me. If that’s the case, shouldn’t we bring your mother too?”
“My mom? She’ll probably be in Greece by then.”
“Didn’t she just come back from Europe recently?”
“Yeah, but this time she said she wants to take a cruise in Santorini, so she made a reservation.”
“She’s so energetic.”
That was exactly right.
* * *
While Kang Chan-wook was training hard, Kang Hyeon was back in South Korea handling the work that had piled up.
The first thing he checked was the trading results of Kim Seong-won and Lim Kwang-ho.
“First, Manager Lim achieved an 11.2 percent return, recording the highest growth rate following last time.”
He already knew about Kwangho’s trading skills.
Since he conducted systematic trading, stop-losses and profit-taking were executed mechanically.
Especially in this bull market, he recorded high returns by trading in the same direction as the market.
“Next, employee Kim Seong-won recorded a 9.2 percent return.”
9.2 percent.
It was an unbelievable return to achieve in just two months.
Of course, the assets he managed weren’t large, but recording this level of profit was exceptional.
“Seong-won’s return rate was impressive.”
“I learned a lot by watching your trading, President!”
Seong-won’s gesture of giving him credit brought a smile to his face.
“Just keep doing what you’re doing.”
“Yes!”
While he was away, Seong-won’s expression was overflowing with confidence.
It was probably because he had recorded such high returns in this round of trading.
“As you all know, we spent a considerable amount of cash to secure the deal in India this time.”
When Kang Hyeon looked at Ha-ryul, she pressed her tablet to display a screen on the main monitor.
Her explanation followed.
“As KH Construction won the bid for the Indian highway corridor construction, related costs were loaned through KH Recovery. That cost was approximately 1 trillion won.”
When she pressed the button again, information related to the second purchase of Nereid’s bonds appeared.
“Last month, we spent 217.2 billion won to purchase Nereid’s bonds. After that, an additional loan of 30 billion won was provided for Nereid’s R&D costs, totaling 247.2 billion won in expenditure.”
These two deals consumed 1.247 trillion won.
But Kang Hyeon’s work wasn’t finished yet.
“Finally, we’re committed to bearing 800 billion won in infrastructure construction costs to win the mining rights for the nickel mine discovered in the Chhattisgarh region, India.”
The massive infrastructure costs promised to India weren’t entirely borne by KH Capital.
However, since they held the largest stake, they decided to bear 800 billion won.
With SS Battery and Minerals investing 1 trillion won and the Barma Group bearing 500 billion won, a total of 2.3 trillion won was set to go out under the name of KH Consortium.
Kim Seong-won couldn’t help but gape as he listened to Kim Ha-ryul’s report.
‘Wow… He spent over 2 trillion won in just a few months?’
This was spending on a completely different level.
While Kim Seong-won was amazed, Lim Kwang-ho calculated something in his head and spoke up.
“Even though 2 trillion won went out, most of it is expenditure that can be recovered in the long term.”
“That’s right. The Indian highway corridor construction costs can be recovered from the Indian government, and in the long term, we can expect additional profits through operating rights.”
The reason they won the highway corridor construction was because of the profit it would generate.
It didn’t end with just building the highway; they could generate revenue through subsequent operations.
“Moreover, this will be an opportunity for KH Construction to evolve from a company that simply builds apartments or villas into a comprehensive construction company.”
This was exactly what Kang Hyeon was aiming for.
JS Construction, the predecessor of KH Construction, specialized in apartments and villas.
Naturally, KH Construction carried that same image.
But not anymore.
“KH Construction has now become a global company that won the Yeongjong Island theme park construction and Indian highway corridor construction contracts, causing the company’s value to skyrocket.”
“The industry is actually valuing KH Construction at more than 10 times its worth during the JS Construction days.”
“And if Nereid’s immersion cooling technology becomes commercialized, it will definitely create synergy with the nickel mine.”
Everything was structured to be interconnected.
Although they spent massive cash with the 2 trillion won investment, in the long term, it was all recoverable.
There was no risk.
But Kang Hyeon wasn’t only looking at the long term.
“Now, let me tell you about the future direction of our KH Capital.”
All the employees’ gazes turned to Kang Hyeon.
“From now on, we will build a long position on nickel.”
It was time to establish a full-scale nickel position.
* * *
The employees of KH Capital moved busily for the first time in a while.
Under the command of CEO Kang Hyeon, they built up a long position on nickel.
Of course, it wasn’t without questions.
‘Nickel did skyrocket after the Ukraine-Russia war. But after finding stability again, the price moved within a certain cycle.’
‘Recently in the United States, hasn’t the nickel price been falling as reactions emerged that demand for nickel would decrease due to reduced investment in electric vehicles?’
Nickel was one of the representative stable minerals.
In other words, price fluctuations weren’t significant.
Due to this characteristic, nickel futures prices moved within a certain price range.
It was a representative stock that formed a box range where you go short when it goes up and go long when it goes down.
However, Kang Hyeon instructed a long-term long position on this nickel.
This was a movement completely opposite to the current market reaction.
Currently, the world was seeing nickel prices fall naturally as investment in electric vehicles decreased.
But the KH Capital employees didn’t question Kang Hyeon’s instructions.
‘If the CEO says it will go up, then it will go up.’
‘There must be a reason for building a long position.’
‘The CEO is someone who sees what we can’t see.’
The employees didn’t doubt Kang Hyeon’s instructions.
What he said was the truth, and the price would definitely move as he said.
Investing about a month’s time like that, KH Capital accumulated nickel.
Without the market knowing.
Very slowly.
* * *
Kang Hyeon visited Las Vegas for the first time in his life.
“Wow…”
Vegas, which he was visiting for the first time, was literally a new world.
“Wait, there are slot machines even at the airport.”
“Hey hey, let’s play one round before we go.”
Smack!!
“Ow!!”
“Ugh! You fool! You want to gamble after coming all the way here?”
“Come on, we came all the way to Vegas, we can stop by once.”
Kwangho, who got hit on the back by A-yeon, protested as if he felt wronged.
But A-yeon dragged such Kwangho along.
“Do that at the casino!”
“Sob sob… Kang Hyeon. This is how I live.”
“You look happy though.”
Kang Hyeon also laughed and pulled his suitcase out of the airport.
As they exited the airport, a pre-arranged vehicle was waiting for the three people.
“Mr. Choi, we’ve been waiting for you. You can give me your luggage.”
“What? Kang Hyeon, did JP Morgan send a car again this time?”
“Huh? No. This time, since we got the EFC VIP package, a protocol vehicle was included.”
“Huh… How much are the tickets that they even send a protocol vehicle?”
“Ten thousand dollars per person.”
“Eighteen million won?! That’s worth sending one…”
The Kwangho couple’s eyes widened at the tremendous price.
* * *
After unpacking at the hotel, Kang Hyeon immediately headed to the accommodation where Kang Chan-wook was staying.
“Choi CEO!”
As he arrived at the hotel lobby, Kim Hyeon-su, who had been waiting, came running over.
“Manager, have you been well?”
“Haha! Thanks to you, I’ve been very comfortable. Chan-wook is waiting too, shall we go up?”
“Yes.”
While moving with Kim Hyeon-su, he could hear various stories.
“Thanks to your support, CEO, Chan-wook’s physical condition is really good.”
“His training camp condition is also good, so I think we can really look forward to this competition.”
Hearing his story made Kang Hyeon excited too.
When they arrived in front of the room, Kim Hyeon-su held up the card key and opened the door.
As they entered, several people could be seen gathered inside.
And in the middle of them lay a skinny man.
“Chan-wook! Choi CEO is here!”
At Kim Hyeon-su’s shout, the man who had been lying down, Kang Chan-wook, struggled to raise his upper body and smiled.
“Choi CEO… you came?”
“Are you… alright?”
“My condition is… very good…”
He looked like he was having trouble even speaking.
Is he really okay?
When he was having doubts, Kim Hyeon-su spoke.
“He’s like that because he’s removing even water content for the last time before tomorrow’s weigh-in.”
“Even water content?”
“Yes. That way he can make weight, and more importantly, the rebound works properly so he can enter the fight in advantageous conditions. So you don’t need to worry.”
Since the expert said so, Kang Hyeon nodded.
Toward such Kang Hyeon, Kang Chan-wook raised his hand and expressed his determination.
“This fight… I will definitely win…”
“Yes. I’ll be counting on you.”
Kang Chan-wook’s official EFC fight debut was just around the corner.
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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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