Gaming Giant Nexon Buys Bitcoin

Global Crypto News
Published on: 28.04.2021

Welcome to the bitcoin bandwagon, Nexon. 

Japanese gaming giant Nexon joins the list of the recent companies to invest in bitcoin.

The publicly-listed company scooped up 1,717 BTC estimated at $100 Million value for its long term hold.

According to Owen Mahoney, Nexon’s president and CEO states the purchase amounts to less than 2% of the “total cash and cash equivalents on hand”.

The gaming company joins other high profile companies such as Tesla, Microstrategy and Square to invest in bitcoin as part of its treasury reserves.

#SmartCrypto

 

 

 

Related
$90M Nobitex Hack Tied to Israel-Iran Conflict
Global Crypto News
21.06.2025
$90M Nobitex Hack Tied to Israel-Iran Conflict
Stablecoins Break into Mainstream Finance
Global Crypto News
14.06.2025
Stablecoins Break into Mainstream Finance
Web3 Innovation Goes Global
Global Crypto News
07.06.2025
Web3 Innovation Goes Global
Futu’s U.S. Crypto Service and Cantor’s Expansion
Global Crypto News
31.05.2025
Futu's U.S. Crypto Service and Cantor's Expansion
U.S. Senate Advances Stablecoin Regulation
Global Crypto News
24.05.2025
U.S. Senate Advances Stablecoin Regulation
Stay Up to Date with Us
Market Stats:
BTC Dominance: 58.31%(-0.18%/24h)
ETH Dominance: 11.57%(+0.04%/24h)
Defi Market Cap: $99.78B(+3.85%/24h)
Total Market Cap: $2950.92B(-0.26%/24h)
Total Trading Volume 24h: $136.85B(+28.93%/24h)
ETH Market Cap: $341.63B
Defi to ETH Ratio: 29.21%
Defi Dominance: 3.29%
Altcoin Market Cap: $1230.16B
Altcoin Volume 24h: $69.96B
Total Cryptocurrencies: 36564
Active Cryptocurrencies: 9154
Active Market Pairs: 116292
Active Exchanges: 895
Total Exchanges: 11496
BTC: 86131.66$(-0.26%/1H)
ETH: 2826.23$(0.38%/1H)
AVAX: 13.44$(0.43%/1H)
BNB: 839.79$(-0.12%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.41$(0.13%/1H)
DOT: 2.3$(0.49%/1H)
UNI: 6.16$(-0.13%/1H)
LINK: 12.57$(0.27%/1H)
CAKE: 2.28$(-3.31%/1H)
SUSHI: 0.41$(0.4%/1H)
ONE: 0$(0.55%/1H)