Video Game Maker Nexon Invests US$100M in Bitcoin

Video game maker Nexon invests US$100M in BTC What: The $30B public company announced that it bought 1,1717 BTC at an average price of $58,226 per BTC including fees and expenses. The outlay represents <2% of Nexon’s cash and cash equivalents, as of Dec. 2020. Importance: The CEO said its strategy for protecting shareholder value […]