After the Divorce, I Found a Thousand Bitcoins - Chapter 76

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

I Got Divorced and Found a Thousand Bitcoins Episode 076

 

Two weeks passed by in an instant.

 

During that time, except for occasional contact from Ha-ryul, no results had come from Nathan yet.

 

That’s when Seong-won began today’s report.

 

“Nereid’s stock price fell 5 percent compared to the previous day. It’s down 30 percent from its peak, raising concerns about panic selling.”

 

Panic selling.

 

It meant shareholders holding stocks were gripped by fear and throwing them away.

 

At times like this, stock prices could fall very sharply without even showing a technical rebound.

 

‘The fear is getting worse than expected. Because it rose so rapidly, the speed of decline is also faster than expected.’

 

If another piece of bad news hit in this situation, it would certainly be a disaster.

 

To break through this situation, getting contact from Nathan was the most certain way.

 

‘Is it still far off?’

 

When Nathan first said he was going to the research institute, he said results would come out within ten days at most.

 

Taking longer than the promised time meant the technology application wasn’t working properly as expected.

 

‘Did it fail?’

 

What if applying immersion cooling technology to Model 5 failed?

 

Then he would face a situation he didn’t even want to think about.

 

The reason Nereid’s stock price had risen would disappear, and they could taste a bottomless fall.

 

‘No. Let’s trust him. And I must trust the light emanating from him.’

 

The light coming from Nathan’s body.

 

The light emanating from Lee Jae-seong’s body.

 

He believed synergy between the two would definitely occur.

 

That’s when it happened.

 

Buzz!!

 

The smartphone on his desk rang.

 

Without even having time to check the number, Kang Hyeon answered the phone.

 

“Hello? Nathan?”

 

-Oh! CEO! You answered quickly.

 

“How did it go?”

 

-Geez, you’re in such a hurry. Of course it was successful.

 

“Successful?”

 

-Yes. It took longer than the promised ten days because Saseng took a long time to make the nickel tubes. We tested that the solution flows normally and confirmed that the RAM temperature stabilizes.

 

“That means…?”

 

-Commercialization will be possible right away. Oh, of course not immediately. We need to conduct more tests.

 

The explanation was long, but the conclusion was one thing.

 

‘It succeeded.’

 

They had succeeded in stabilizing Model 5.

 

* * *

 

The news that Model 5’s stabilization had succeeded was not yet publicly announced.

 

The moment it was announced, it could affect all related fields, and above all, conducting precise tests was the priority.

 

‘Still, I can breathe a sigh of relief.’

 

For Kang Hyeon, it was a fortunate situation.

 

The recovery of the fallen stock price was now just a matter of time.

 

Then Kang Hyeon received a phone call.

 

-Mr. Choi, it’s been a while. This is Richard.

 

It was contact from Richard of JP Morgan.

 

“It’s been a while. Are you doing well?”

 

-Yes, thanks to you, I’m doing well. The reason I’m calling today is nothing else. Recently, strange rumors have been circulating on Wall Street.

 

“Rumors?”

 

-Yes. Rumors that Whiterock Credit is involved in Nereid’s recent decline.

 

“Could you tell me in detail?”

 

-Yes, of course.

 

Richard’s explanation continued.

 

After hearing his entire story, Kang Hyeon’s expression was colored with dismay.

 

“So you’re saying Robert Hwang’s statement this time was instigated by Rosenthal of Whiterock Credit.”

 

-Precisely, it seems Rosenthal told Robert Hwang the related story, and a reporter who heard it wrote the article.

 

“Hah…! Is this even allowed?”

 

-This can be seen as being in the gray zone…

 

Gray zone.

 

It meant something that fell in an ambiguous area that was neither legal nor illegal.

 

Like a veteran, Rosenthal had precisely targeted KH Capital from that ambiguous area.

 

“Their purpose is naturally Nereid.”

 

-Yes, it seems they thought that if they dropped the stock price, Mr. Choi would have difficulty operating the company and realize profits, and then they would buy it back.

 

He could only think it was a despicable method.

 

To try to make up for their losses in this way.

 

Something he had never thought of or expected was happening without his knowledge.

 

“Thank you for letting me know.”

 

-Not at all. However, you should know that knowing this doesn’t mean there’s any way to take action.

 

What Rosenthal had done was clearly behavior that went against morality, but it wasn’t illegal.

 

Therefore, there was no way to sanction him.

 

“I know. But that doesn’t mean I intend to just sit back and watch Rosenthal’s actions.”

 

-What are you thinking of doing?

 

“If what they want is Nereid’s price decline, then I should create the opposite situation.”

 

Defense was over.

 

Now it was time for them to attack.

 

* * *

 

Chairman Lee Jae-seong looked at the data in his hands with admiration.

 

“To think we completed Model 5, which we tried to make by pouring countless research funds and manpower into, with help from others…”

 

It was both embarrassing and grateful.

 

There was no need to mention Model 5’s performance.

 

Internally, the prevailing opinion was already that this would be a game changer if it came to market.

 

But they couldn’t control the heat generation.

 

If they ran it even a little, the heat would rise exponentially and it would often shut down.

 

In severe cases, even the circuit board would burn.

 

With this situation repeating, they ultimately couldn’t show it to the outside.

 

“Not anymore. If we release this, our Saseng will ascend to number one in the world.”

 

Saseng Electronics always had to be the world’s best.

 

That was the will left by his deceased father and the duty he had to fulfill as chairman.

 

“What remains is the bill they’ll present?”

 

Lee Jae-seong had not yet set the price for this immersion cooling.

 

Because he had refused the bill Kang Hyeon was going to present on the spot.

 

He would receive the bill after confirming that the heat generation was controlled.

 

That was the condition Chairman Lee Jae-seong had presented.

 

Kang Hyeon had accepted that condition.

 

“Before that, convincing the board of directors comes first.”

 

Chairman Lee Jae-seong moved immediately.

 

* * *

 

Kang Hyeon tried to find the appropriate price for immersion cooling while waiting for Chairman Lee Jae-seong to visit.

 

“Phew…”

 

Sitting alone in the executive office, he looked at the blank paper and let out a deep breath.

 

‘Let me try to find the appropriate price for the immersion cooling system by writing down prices like I did when looking for building prices.’

 

In the early days when Kang Hyeon first gained his ability, he had tried to buy a building.

 

And during the building purchase process, he was able to find the appropriate price by writing down prices one by one.

 

Although that ability never manifested again after that, Kang Hyeon was trying to awaken that ability once more.

 

The pricing of immersion cooling was that much of an unknown territory.

 

‘Let me write them down one by one.’

 

Kang Hyeon picked up a ballpoint pen and began writing numbers on blank paper.

 

‘If I gradually increase from the cost price of immersion cooling…’

 

There was no change at all with the first price he wrote.

 

He then tried to find the appropriate price by writing down prices one by one.

 

But even after numbers filled all the margins of the paper, he couldn’t find any significant change.

 

‘Is it not working after all?’

 

Seeing that his ability wasn’t manifesting this time either, he began to think that perhaps it couldn’t be found through pricing.

 

But Kang Hyeon didn’t give up.

 

‘Maybe my approach is wrong. What I’m trying to find now is the price of immersion cooling liquid. Perhaps the contract with Saseng shouldn’t be approached with such a simple method.’

 

Contracts for providing immersion cooling could be conducted in various ways.

 

One of them was to price the liquid by volume and receive payment for that price.

 

It was a kind of one-time contract that secured cash by regularly supplying the liquid.

 

But his ability didn’t manifest here either.

 

He needed to look at this contract from a different perspective.

 

‘What other ways are there to contract with Saseng while providing the liquid?’

 

Kang Hyeon prepared new paper and began writing down contract methods that came to mind.

 

‘Should I go with a method of receiving incentives linked to yield rates?’

 

The possibility was sufficient.

 

The most important aspect of Model 5 was yield rate.

 

The more heat was controlled, the higher the yield rate would be, and conditions to receive incentives based on those figures.

 

But no light appeared this time either.

 

‘Subscription model is the most standard, but no light appeared here either.’

 

He continued looking for other methods, filling the paper margins again.

 

It was when he thought of the fifth contract method.

 

‘If this isn’t it either, how about going with an investment format instead?’

 

It was one of the most commonly used methods.

 

A method where existing large corporations make large-scale investments in venture companies that developed new technology, getting on the same boat.

 

This method could secure cash in a short period and have the effect of defending stock prices.

 

Above all, it was a situation where more cash was needed to unleash Nathan’s genius.

 

If he distributed investment funds to Nathan and let him research freely?

 

There was no telling what kind of ingenious results he might create.

 

It was when he was putting the final period while having such thoughts.

 

“Huh?”

 

Intense red light was emanating from the last method he wrote.

 

As if saying this was the correct answer.

 

“This was it.”

 

He had found the answer.

 

Just then, Kang Hyeon’s smartphone rang.

 

[Chairman Lee Jae-seong]

 

Speak of the devil and he shall appear.

 

Kang Hyeon answered the phone.

 

* * *

 

Kang Hyeon met privately with Chairman Lee Jae-seong again after two weeks.

 

Ha-ryul and Nathan were with him.

 

“Nathan, you’ve grown quite a beard.”

 

“I was testing day and night without rest. But thanks to Ha-ryul taking good care of me, I could focus comfortably on testing alone.”

 

“Is that so? Ha-ryul, you’ve worked hard too.”

 

“Oh… no, not at all.”

 

He felt puzzled by her slightly flustered appearance, unlike her usual calm demeanor.

 

But soon thinking it was probably nothing, he looked at Chairman Lee Jae-seong.

 

“Chairman, were you satisfied with the results?”

 

“Very satisfied. Our internal research team was also very surprised seeing the test results. They probably didn’t expect we could control heat generation to this extent.”

 

“I’m glad you’re satisfied with the product. Then shall we talk about the price now?”

 

At Kang Hyeon’s words, Chairman Lee Jae-seong nodded.

 

He pushed documents he had prepared in advance in front of Kang Hyeon.

 

“This is the price we’re proposing. 700 dollars per liter, I think it’s not a bad condition.”

 

Kang Hyeon was also surprised hearing Chairman Lee Jae-seong’s proposal.

 

‘I didn’t expect them to offer such conditions from the start?’

 

700 dollars per liter.

 

This would make it a liquid more expensive than oil.

 

But this wasn’t what Kang Hyeon wanted.

 

“Thank you for the good proposal. But I have a different price structure in mind.”

 

“Are you not satisfied with this price?”

 

“The price seems to have merit. But what I want isn’t the price, it’s the method.”

 

“Method?”

 

Lee Jae-seong asked back, feeling puzzled by Kang Hyeon’s words.

 

Toward such Lee Jae-seong, Kang Hyeon spoke about the method he had in mind.

 

“The method I’m thinking of is for Saseng Electronics and Nereid to get on the same boat together.”

 

“Same boat… don’t tell me you want investment?”

 

As expected of Chairman Lee Jae-seong.

 

To catch on immediately with just that much of a hint.

 

“That’s right. Do you have any thoughts about investing in Nereid?”

 

At Kang Hyeon’s proposal, Lee Jae-seong thought for a moment then asked.

 

“How much investment are you looking for?”

 

“I want 2 billion dollars.”

 

2 billion dollars.

 

Looking at Kang Hyeon demanding investment funds approaching 3 trillion won, Lee Jae-seong’s mind became complicated.

 

‘It’s big money. But if we can monopolize immersion cooling technology, it’s not a bad condition.’

 

If Nereid contracted under the conditions they wanted, they wouldn’t be able to monopolize their products.

 

But if they got on the same boat, the story would be different.

 

They could contract in a way that prevented supplying products to Saseng Electronics’ competitors.

 

That way, they could slow down LK Nix’s pace of catching up.

 

The problem was that he couldn’t decide on this matter alone.

 

“It’s such a large amount that it’s difficult for me to decide alone. May I give you an answer after going through a meeting?”

 

At Lee Jae-seong’s answer, Kang Hyeon smiled as if satisfied.

 

“Of course.”

 

The second meeting ended that way.

 

* * *

 

Ten days later.

 

An article that no one expected appeared in the market.

 

[Saseng Electronics decides to invest 2 billion dollars in Nereid!]

 

[Opinions are pouring in that Saseng Electronics’ investment is a move to monopolize immersion cooling systems.]

 

The content was that Saseng Electronics would invest 2 billion dollars in Nereid.

 

However, experts showed question marks about this decision.

 

[Semiconductor experts unanimously state, “Model 4 doesn’t need immersion cooling. Saseng Electronics’ choice is puzzling.”]

 

[Was Saseng Electronics’ investment a mistake? Nereid’s stock price, which had been recovering, falls again.]

 

Nereid’s stock price, which had been rebounding with news of Saseng Electronics’ investment, quickly continued its decline.

 

And just as it was about to hit a new low.

 

Saseng Electronics announced a piece of news.

 

[Saseng Electronics successfully develops HBM Model 5, world’s first!!]

 

News of Model 5’s development had been delivered.

 

And Chairman Lee Jae-seong’s interview also made the news.

 

[In an interview, Saseng Electronics Chairman Lee Jae-seong stated, “HBM5’s safety has been proven. Nereid’s immersion cooling technology controlled the heat generation and became the final puzzle piece that helped complete the technology.”]

 

That news became the trigger.

 

[Nereid stock price breaks through 30 percent in just one day!!]

 

Nereid began what’s commonly called a rocket surge.

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