SK Hynix's $27B Nasdaq IPO, oversubscribed 7x, triggered a risk-on wave lifting Bitcoin near $64K and altcoins to double-digit gains despite extreme fear.

SK Hynix's $28 billion Nasdaq ADR offering was heavily oversubscribed, with books closing early as investors chase AI memory chip exposure amid HBM

SK Hynix's $28 billion Nasdaq ADR listing drew 7x oversubscription, with cornerstone investors committing $7 billion as AI chip demand fuels record

Company aims to use proceeds to expand output as AI demand remains strong

South Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust global investor interest in AI…