After the Divorce, I Found a Thousand Bitcoins - Chapter 73
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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 073
Chairman Lee Jae-seong of Saseng Group currently possessed tremendous wealth, enough to rank first among Korean conglomerates.
It wasn’t simply that he had a lot of money – his influence was so great that it extended beyond Korea to the entire world.
Meeting with him was an extremely difficult task, but Kang Hyeon had now reached a position where Lee would make requests of him.
‘More precisely, the situation must have made it that way.’
Data centers weren’t the only places where immersion cooling technology was used.
Immersion cooling was needed in all processes that required stable heat dissipation.
Graphics cards, CPUs, and even RAM.
Immersion cooling was necessary for components essential to the modern AI market.
‘Since I don’t know this field properly, I’ll need Nathan’s help.’
AI processes were incredibly complex.
Unfortunately, Kang Hyeon was close to being a complete outsider in this field.
Even when he worked for a company making investments, he had touched on the AI field but never examined it in detail.
So he needed to study thoroughly before meeting Lee Jae-seong.
“Oh? You’re here, CEO?”
When he entered the research lab, Nathan, who had been staring intently at his monitor, was waiting for him.
“Am I interrupting anything?”
“It’s fine. I’m running tests anyway, so I have time to spare. But what brings you here?”
“Actually, I’m scheduled to meet with CEO Lee Jae-seong of Saseng Group.”
“Saseng Group – you mean the place with Saseng Electronics?”
“Yes, that’s right.”
“Wow! Saseng already wants our immersion cooling?! This is great news! Once we start supplying our products to Saseng, other companies will start taking notice too!”
Excited Nathan poured out words like a waterfall.
He needed to tone down that excitement level a bit.
“It’s my first meeting with CEO Lee Jae-seong, so I don’t know if we’ll discuss commercializing the technology right away. However, they might want technical discussions.”
“Oh! Then I’ll come along too!”
“You, Nathan?”
“Yes! I’ve really wanted to meet CEO Lee Jae-seong! Plus, Korea was a country I wanted to visit at least once! I’d love to experience a place called a PC Bang while I’m there!”
His excitement level rose even higher.
This was unexpected.
It seemed fine for him to come along, but the problem was that Nathan was someone who deviated slightly from normal.
‘He won’t go out of control when meeting CEO Lee Jae-seong, will he?’
Considering Nathan’s past behavior, the possibility was high.
‘I need to prepare someone to act as a brake.’
That person was Kim Ha-ryul.
Surprisingly, Kim Ha-ryul and Nathan got along very well.
Despite the considerable age difference, the two communicated well through their shared field of interest.
Most importantly, Nathan listened well to Kim Ha-ryul.
If she accompanied them, she would definitely serve as a brake to stop Nathan from going out of control.
* * *
For the meeting with Chairman Lee Jae-seong, he came to Korea with Nathan and Kim Ha-ryul.
Taking a pre-arranged car, he sent Nathan to the hotel and assigned Kim Ha-ryul as his guide.
She had essentially taken on the role of a caretaker.
‘I feel sorry for Kim Ha-ryul, but Nathan is someone you never know where he’ll bounce off to.’
Nathan was someone with very strong personal opinions.
Plus, with his high curiosity, if left to wander around freely, there was no telling what kind of trouble might occur, so a guardian was absolutely necessary.
Meanwhile, Kang Hyeon returned to the office to prepare for the meeting with Lee Jae-seong.
“Oh, you’re back?”
Kwangho, who had been watching the office, greeted him.
Seeing him looking quite tired, Kang Hyeon asked.
“Why do you look like that?”
“What’s wrong with my handsome face?”
“If you went to Seoul Station, people would give you charity as they passed by.”
“What? Fuck? Is it really that bad?”
“Yeah, how many days haven’t you been home?”
“About two days? I started working on a program I’d been thinking about. I didn’t go home because I was programming it.”
“What about A-yeon?”
“She went to Japan with her sister.”
Hearing Kwangho’s answer, Kang Hyeon silently placed his hand on his shoulder.
“I guess both you and I are destined to work ourselves to death.”
“Hey! This is all because of you!”
“What? You’re blaming this on me?”
“Do you know how busy it gets every time you cause trouble abroad? This time too, Nereid’s stock price went crazy, so I was busy buying related sector stocks!”
“Hey, you didn’t touch the data center side, did you? That could get flagged as insider trading and cause problems.”
“Ah, don’t worry. Am I a beginner? I only touched the sides that wouldn’t be considered insider trading, so don’t worry.”
Kwangho was also a veteran trader.
He trusted that Kwangho had handled it well, but he still needed to get confirmation once more.
“So did you make some profit?”
“I took a position worth about 30 million dollars and I’m currently up 11 percent.”
“Oh~ That’s quite a lot?”
“It’s nothing compared to the money you bring in.”
“Hey, is making 11 percent profit from trading easy?”
“I know, I know that. But every time you go out and come back, you earn trillions of won. I’m having an existential crisis.”
Trading was one of the ways to make substantial profits.
But Kang Hyeon was generating tremendous profits using methods others couldn’t think of.
This time was the same.
Who would have thought that Nereid, which everyone thought would fail against the giant Whiterock, would hit such a jackpot?
“I never dreamed that Nereid’s immersion cooling would be completed this quickly.”
“Probably no one knew. Whiterock was putting their assets up for sale at such low prices.”
“The person who sold you the bonds – isn’t he getting chewed out by his superiors right about now?”
“Come on, he’s still an executive. Would they really do that?”
“All salary workers are the same. Isn’t getting chewed out by superiors part of daily life? You experienced it, and so did I.”
It was content he had to strongly agree with.
“Still, it’s Whiterock.”
He wondered if they would really get chewed out like that.
* * *
Whiterock Credit Headquarters, USA.
On the top floor of the building, there was a separate restaurant that only executives could use.
Usually, it was a place where executives would dine and have various conversations, but today only two people were sitting in the restaurant.
Even the staff serving food were nowhere to be seen.
One of the two people occupying the restaurant was Rosenthal.
‘Damn… It would be better to say something. How long do we have to sit here quietly like this?’
He found the current situation frustrating.
He would feel more comfortable if the man in front of him would at least yell at him.
But after calling him here, the man had been drinking tea without saying a word for an hour.
This silence was driving him crazy instead.
When his patience reached its limit, the man opened his mouth.
“Rosenthal.”
“Yes, yes. Chairman.”
Chairman.
Surprisingly, the identity of the man before his eyes was Solomon H. Vise, the chairman of Whiterock Credit.
He was the very person who had led Whiterock to become the giant dinosaur investment company it is today, a figure like a legend of Wall Street.
At his single word, even Rosenthal, an executive of Whiterock Credit, couldn’t help but tremble.
“How many years have you been working under me?”
“It’s been 35 years this year.”
“A long time has passed. During that time, you’ve never let me down.”
“I’ve done my best to carry out the chairman’s orders.”
“Yes, you certainly have. But this time, you’ve disappointed me.”
As he uttered the word disappointment, Vise’s gaze turned toward Rosenthal.
‘Wh… what kind of look is that from an old man nearing eighty…!’
An indescribable sense of pressure constricted his body.
“Ch… Chairman, al… although I failed this time…! Th… thinking of all the contributions I’ve made so far…!”
“You’ve certainly made many contributions while at this company. But this deal made our company look too foolish.”
The Nereid bond deal remained the worst transaction of Rosenthal’s career.
The 40 percent stake in Nereid that he had sold for a mere $150 million was now worth over $900 million at current value.
The problem was that Nereid’s rise wasn’t over yet.
‘If the immersion cooling developed by Nereid truly becomes the market default, the company’s value could rise ten times more than now.’
Ten times would mean $9 billion.
This wasn’t an exaggeration at all.
According to Whiterock’s internal analysis team, Nereid’s current value was already assessed at $3 billion or more.
The power of the immersion cooling system was that tremendous.
‘I have to make up for it somehow!’
If you fall out of Chairman Vise’s favor, even executives get fired instantly.
Even if he somehow avoided dismissal, it was certain that no important deals would ever be given to him again.
As he racked his brain, a good idea flashed through his mind and he opened his mouth.
“Ch… Chairman! Please give me a chance to make up for this!”
“A chance to make up for it?”
“Yes! Even though the immersion cooling system has been developed, it will take time to apply their technology.”
“Continue.”
“If we delay the timing of their system being applied in the field, those who bought in will dump their holdings. That’s when we can form short positions to cover our losses!”
It was a plausible idea.
But there was a flaw in his words.
“Would the companies really give them that time? For them too, the immersion cooling system would be the key to changing the landscape of this market.”
“We can move Nvidia.”
“Nvidia?”
“Yes. If we ask them to comment that data centers and products with unverified systems applied cannot be trusted, the market will surely shake immediately.”
“Oh.”
It wasn’t a bad idea.
Although Nvidia was currently leading the AI industry, they couldn’t ignore Whiterock’s words either.
But there was one problem.
“What do you plan to do after that? You’re not just thinking of forming short positions to cover the losses, are you?”
“Of course not. If we drive down the price with short positions, KH Capital, which bought the bonds, will try to sell their stake in the market.”
“Just with that much?”
“From what I’ve found out, KH Capital is currently engaged in multiple businesses. Due to that, they’ll be short on cash, so there’s a high possibility they’ll target Nereid, whose value has increased, for profit realization.”
“What if they hold onto Nereid until the end?”
“Then I’ll step forward and make sure to bring Nereid back.”
At Rosenthal’s determined answer, Vise fell into thought for a moment.
Though it was a short time, Rosenthal felt his lifespan shortening as he waited for his response.
The time of patience ended.
“Go ahead and proceed with it.”
“Th… Thank you!”
“However, don’t forget that this is your last chance.”
“Yes! I’ll keep that in mind!”
Rosenthal’s last chance had arrived.
* * *
While Rosenthal was plotting at Whiterock.
Kang Hyeon was sitting in a suite room at Seoul Shilla Hotel with Nathan and Ha-ryul.
Soon the door opened and a man entered with his entourage, standing before Kang Hyeon.
“I’m Lee Jae-seong. Thank you for making time like this.”
It was Chairman Lee Jae-seong, the head of Saseng Group.
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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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