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Nexon
Asian Gaming Giant Nexon Adds $100M in Bitcoin to Corporate Treasury
Nexon, a Japanese-South Korean gaming company, has joined the likes of Tesla and MicroStrategy in adding bitcoin to its corporate balance sheet. Nexon's $100M buy represents less than 2% of its total treasury but is generating a lot of excitement in the bitcoin community. Luke Sully of Ledgermatic joins "All About Bitcoin" to share his takeaways from that move, as well as Tesla's sale of a portion of its BTC holdings, and trends that he's seeing in corporate bitcoin purchases.
Nexon Bags $100 Million in Bitcoin; Inner Mongolia Crypto Mining Exodus
Online gaming giant Nexon added 1,717 Bitcoins worth $100 million USD into its corporate treasury, stamping the largest crypto purchase from a Tokyo Stock Exchange-listed firm. In China, the deadline for crypto miners to wrap up businesses in Inner Mongolia is inching closer. Could Europe and the United States present greener pastures?
Filings Link Crypto Exchange Bitstamp to Game Maker Nexon
Public filings released in late May establish the strongest link yet between Bitstamp and Korean gaming firm Nexon.
