May 15, 2021

Japanese company Nexon invested $ 100 million in BTC

Japanese company Nexon invested $ 100 million in BTC

Online game developer Nexon purchased 1,717 BTC at an average price of $ 58,226.

In a statement dated April 28, it is indicated that on the purchase of bitcoin was spent less than 2% of the company's total reserve.

Nexon CEO Owen Mahoney said:

By buying bitcoin, we protect our investors andwe support the purchasing power of our assets. In the current economic environment, Bitcoin offers long-term stability, liquidity, and value retention.

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According to the materials cointelegraph.com