Gaming Giant Nexon Buys Bitcoin
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.
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