Crypto Daily | South Koreans Cling to BitMine Despite 80% Drop; David Beckham-Backed Health Firm Ceases Bitcoin Treasury Plans

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Bitcoin(BTC) Rises to $88,590 with a Narrowed 1.73% Increase in 24 Hours

Bitcoin has risen to $88,590, with a narrowed 1.73% increase in 24 hours.

Ethereum(ETH) Rises to $3,000 with a 1.77% Increase in 24 Hours

Ethereum has crossed the $3,000 benchmark and is now trading at $2979, with a 1.77% increase in 24 hours.

David Beckham-Backed Health Firm Ceases Bitcoin Treasury Plans

Prenetics, a health-sciences company that started buying Bitcoin earlier this year, has become the latest digital-asset treasury firm to halt that strategy amid depressed crypto prices.

The firm said on Tuesday that it stopped buying Bitcoin on Dec. 4, and will now focus more squarely on IM8, a nutritional supplement brand co-founded by English football icon David Beckham. Beckham is also a strategic investor in Prenetics, according to the company’s website.

“We are making disciplined strategic decisions that reflect our experience as operators and our commitment to maximizing long-term shareholder value,” Danny Yeung, Prenetics’s chief executive officer, said in a press release.

South Koreans Cling to Ether Hoarder BitMine Despite 80% Drop

Ether hoarder BitMine Immersion Technologies Inc. Inc. is set to close the year as one of the most popular overseas stocks in South Korea, even after a steep decline from a July peak.

The US-listed company, backed by billionaire Peter Thiel and headed by Wall Street forecaster Tom Lee, ranks second only to Alphabet Inc. among the foreign securities most favored by South Korean investors in 2025, according to Korea Securities Depository data.

Circle and Tether Mint $2 Billion in USDC and USDT on Solana

According to ChainCatcher, Onchain Lens monitoring reveals that Circle has minted an additional 1 billion USDC on Solana in the past 9 hours. Over the last 11 hours, Circle and Tether have collectively minted 2 billion USD in USDC and USDT.

SharpLink Reports Significant Ethereum Staking Rewards

Ethereum treasury firm SharpLink announced on the X platform that it received 518 ETH in staking rewards last week. This amount, based on current market prices, is expected to generate over $1.5 million in value for shareholders.

Since the launch of its staking strategy on June 2, 2025, SharpLink has accumulated a total of 10,219 ETH in staking rewards. The company continues to maintain its ETH holdings in a fully institutional-grade staking manner.

Bitcoin Spot ETF Flow

The overall net inflow of the US Bitcoin spot ETF on Tuesday was $211.27 million. The total net asset value of Bitcoin spot ETFs is $113.69 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.51%.

The Bitcoin spot ETF with the highest net inflow on Dec. 30 was ARK 21Shares Bitcoin ETF, with a net inflow of $109.56 million. Followed by Fidelity Wise Origin Bitcoin Fund, with a net inflow of 78.59 million, according to SoSoValue.

SoSoValue