Japanese gaming giant Nexon is investing $ 100 million in Bitcoin

Japanese gaming giant Nexon is investing $ 100 million in Bitcoin

Major Japanese game developer Nexon is the latest publicly traded company to have made a significant investment.

On April 28th, Nexon announced It had bought 1,717 BTC for around $ 100 million at an average price of $ 58,226 each after fees. The company found that the investment was less than 2% of its “total cash and cash equivalents available”. Owen Mahoney, President and CEO of Nexon said:

Read on on Coin Telegraph

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