Japanese gaming giant Nexon invests $100M into Bitcoin
Cointelegraph
Published Apr 28, 2021 12:05AM ET
Updated Apr 28, 2021 01:40AM ET
Major Japanese game developer Nexon has become the latest publicly-listed firm to make a significant investment into Bitcoin.
On April 28, Nexon announced it had purchased 1,717 BTC for roughly $100 million at an average price of $58,226 each after fees. The firm noted the investment represents less than 2% of its “total cash and cash equivalents on hand.” Owen Mahoney, Nexon’s president and CEO, stated:
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Written By: Cointelegraph
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