After the Divorce, I Found a Thousand Bitcoins - Chapter 77
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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 077
It could be expressed in one phrase.
[Nereid stock surges 40% overnight!]
[Did Saseng Electronics’ investment become a masterstroke? Nereid surpasses $100 in one go!]
[Nereid closes the week with 5 consecutive days of gains! Joins hands with Saseng Electronics!]
Nereid skyrocketed.
As if the previous decline had been a lie, Nereid surpassed its previous high and set a new record.
The Nereid stock forum, which had been in panic just days ago, was literally in a festive mood.
-Waaaahhhhh!! The rescue team has arriiiived!!
You haven’t been to the rescue team in almost 10 months, right? Is this your escape now?
Well… that’s a bit much. I’ve been waiting all this time. Shouldn’t I get some compensation for that?
For real lol people never change.
-I bought Nereid a week ago. Money is being duplicated.
Damn… what timing.
Damn, to catch this at the exact bottom ㄷㄷ
-The one who really caught the bottom was Choi Kang-hyeon.
Who is that?
Representative of KH Capital.
ㄴKH? Isn’t that the place that solved that old Yeongjongdo rental scam case? What does that have to do with Nereid?
Looking at the Nereid disclosure, KH Capital’s representative, Choi Kang-hyun, is listed in the shareholder roster.
Whoa, really?
Holy shit! The shareholding is 40 percent?
No way, how does this guy succeed at every single investment he makes?
-Choi Kang-hyeon, he is a god.
Praise!
Divine descent! Divine arrival!
-Wow… doesn’t KH Capital manage money for others? I want to entrust my money to them.
In the Nereid stock forum, Kang Hyeon began to be revered as literally a god.
It was understandable, as Kang Hyeon, known to the public so far, had never failed in a single transaction.
Although he occasionally heard criticism for investing excessive amounts, given time, it always turned into successful deals.
“Damn it!”
The news of Saseng Electronics’ investment reached even Wall Street.
And for Rosenthal, who wanted to send Nereid to hell, it became the worst possible news.
‘Saseng is investing $2 billion at a time like this?’
Just a little more time and Nereid would have literally fallen to the basement.
Rosenthal had asked Robert Hwang to prepare another surprise attack.
But before that could explode, a proper counterattack came.
‘No. Even now, if Robert Hwang delivers a proper statement, Nereid can fall to hell again.’
Rosenthal hadn’t given up yet.
He had to somehow send Nereid to hell to survive himself.
So he called Robert again.
The moment the only man he could trust was about to answer the phone.
“Hello…”
-Hey! Do you know how much trouble you’ve caused me?!
“What… what?”
-Because you leaked our conversation, people are calling me an idiot who can’t even properly assess technology!
“Ah… no, that was…”
-Don’t ever contact me again!
The phone hung up just like that.
Rosenthal stared blankly at the disconnected phone and let out a hollow laugh.
“Heh… hehe…”
He knew better than anyone that his last lifeline had been cut.
Then, the office door opened and his secretary delivered a message.
“Um… the chairman has summoned you.”
It was the moment his death sentence was handed down.
* * *
Richard looked at the chart with an expression of disbelief.
“Was he aiming for this?”
What he was looking at was Nereid’s chart.
Just six months ago, Nereid was literally like a candle in front of a typhoon.
“I expected it would collapse soon…”
No matter who looked at it, Nereid was in crisis.
Internal management was a mess and the CEO was pouring in massive funds.
They didn’t even have the capacity to repay the enormous investment that went into technology with an unknown completion date.
That’s why Whiterock Credit sold the golden egg-like bonds.
“If I had been in Rosenthal’s situation, I would have sold the bonds too.”
It wasn’t just Richard himself.
Nine out of ten traders on Wall Street would give the same answer.
The reason he said nine was because there might be another person like Kang Hyeon.
“It’s truly remarkable.”
Kang Hyeon’s trading was at a remarkable level.
Everything he had accomplished was beyond belief.
“Saseng’s developed HBM Model 5, and the immersion cooling technology that must be included in it. These will lead the AI market going forward.”
AI, which was both current and future sustenance, was undergoing a major transformation.
* * *
The deal with Lee Jae-seong gave Nereid wings.
The stock price, which had surpassed its previous high, had reached $150 and was still continuing to rise.
“Currently, all reports coming out of Wall Street are predicting a target price of over $200.”
There was sufficient upward potential, and no one could predict how high the price would go.
“Today, Nereid contacted us saying they would repay existing debts with the investment funds received from Saseng.”
The reason Nereid had been able to survive was due to investment funds.
When they first acquired the bonds and checked Nereid’s internal situation, they could see Nereid struggling with enormous debt.
To save such a Nereid, KH Capital had provided massive capital support.
That support was recorded as an investment, and now they wanted to repay it with the investment funds received from Saseng.
“Secure only 50% in cash and receive the rest in stocks.”
“Understood.”
Nereid’s stock price was still rising.
Selling at this point would be like selling at chest level rather than shoulder level.
But KH Capital needed cash and had to secure it.
“Keep all funds in dollars and let’s watch the situation for now.”
“Yes.”
“How is the current nickel situation?”
“Prices are gradually rising. It seems rumors are slowly spreading.”
“There hasn’t been any announcement from Saseng or Nereid yet, right?”
“Yes, I checked all the news, but there hasn’t been any related news so far.”
Yet nickel prices were rising.
This could be interpreted in two ways.
One was the movement of predicting and purchasing nickel based on the possibility that it would be used in the immersion cooling system for Model 5.
Although Nereid was the first to develop immersion cooling systems, globally speaking, Nereid wasn’t the only place developing it.
‘Companies that were developing the technology might have concluded they were a step behind and are buying nickel to make up for that loss.’
The other possibility is that information was leaked.
No matter how confidential the agreement between Saseng and Nereid was, information leaks couldn’t be prevented.
It was information that would eventually be exposed to the outside, and he had no intention of stopping it.
‘If nickel prices rise, it’s good for us.’
KH Capital’s current long position in nickel was at a considerable level.
Since he didn’t know how it would rise, he had even considered war as a possibility, but for it to rise this way.
He could only be grateful.
“How much more until we reach the average price of our current nickel long position?”
“We’ll reach the average price if it rises another 150 ticks.”
150 ticks.
It was far if you considered it far, close if you considered it close.
It was proof that Kwangho and Seong-won had been managing the nickel position well.
“Good. Let me know immediately when nickel turns profitable.”
“Yes!”
“Now, it looks like we’re going to be busy, so let’s all work hard.”
“Yes! Understood!”
As Nereid gained attention, KH Capital was also getting busy.
* * *
Prime Minister Lao Xing was staying in India for the first time in a while, overseeing domestic affairs.
A piece of news reached Prime Minister Lao Xing.
“Prime Minister, Saseng Electronics has reportedly succeeded in developing HBM Model 5.”
“Development of Model 5?”
“Yes. From what I hear, development was already completed internally. They had been delaying the announcement because they couldn’t solve the heat problem.”
“Ha! So now they’ve solved the heat issue and it’s in perfect condition?”
“That’s what they say. Currently, Nvidia and AI companies worldwide are seeking out Saseng.”
The common opinion among experts was that once Model 5 was developed, existing AI performance would increase by more than double.
That’s why AI companies had been waiting for the related technology to be developed as soon as possible.
“The semiconductor market situation will be turbulent. How are we handling things on our side?”
“We’ve requested a meeting with Chairman Lee Jae-seong of Saseng.”
“Clear my schedule immediately when Saseng contacts us.”
“Understood. And there’s one more matter I need to report.”
“Speak.”
“Saseng has reportedly made a $2 billion investment in Nereid.”
“Nereid? That name sounds familiar.”
“It’s the company where Mr. Choi is the major shareholder.”
“Mr. Choi, you mean Kang Hyeon Choi? That guy?”
“Yes.”
The name of Choi Kang-hyeon, the man who secured an enormous contract with India, was heard again.
“Why did Saseng invest in Nereid?”
“The cooling system for Model 5 is reportedly the immersion cooling technology developed by Nereid.”
“What?”
“According to current information, there’s no way to control Model 5’s heat without immersion cooling. So Saseng seems to have made the investment contract to monopolize Nereid’s technology.”
“Hmm…! Can’t other places create immersion cooling right away?”
“It’s reportedly difficult at present. After consulting with experts, the prevailing opinion is that other places will bring immersion cooling to commercialization level in about 6 months at the earliest.”
6 months.
It was a short period, but within that time, AI companies would have to purchase Saseng Electronics’ Model 5.
And AI companies don’t casually change components once they create new models.
Because the model itself is tailored to those components.
But if you asked whether delaying the timing was possible, that wasn’t the case either.
“AI is a race of who runs first. In 6 months, the leading group will already be running far ahead.”
“Yes, so the prevailing forecast is that companies that secure Saseng’s HBM first will take the lead in the AI hegemony battle.”
It was the butterfly effect created by immersion cooling.
Saseng, which had been stuck in second place, would now not only rise to first place but clearly maintain that position for the time being.
‘At the center of all this is that man, Choi Kang-hyeon.’
Choi Kang-hyeon.
It hadn’t even been a year since he first learned his name.
But now he was shaking the entire world.
‘Maintaining a good relationship with him was a stroke of genius.’
The relationship between the Indian Government and Choi Kang-hyeon wasn’t bad.
No, it could rather be called good.
They had given him the honey pots of the nickel mine and highway construction projects.
But he couldn’t be complacent with this.
“KH Consortium currently has two ongoing construction projects, right?”
“Yes. The highway construction and nickel mine construction are currently in progress.”
“Good. Contact all government organizations connected to both sites and tell them to provide maximum convenience to them.”
“Understood.”
“And I need to meet with that guy Choi Kang-hyeon.”
“Yes, I’ll contact them right away.”
There was a need to strengthen the relationship even further.
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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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