Big Hit hits big by closing subscriptions with $50 billion. How much will BTS make after IPO?

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Big Hit Entertainment closed subscriptions on Tuesday for its initial public offering by collecting more than 58 trillion won ($50 billion) in deposits, making Bang Si-hyuk and BTS rich in stock. Initially, retail investors’ interest in the BTS agency shares appeared to be lower than expected due to the high IPO price. But in the run-up to the deadline, investors rushed to park large amounts of deposits. Watch this video for more information.