Nexon Archives - FortuneZ

Nexon Hodls Despite Chalking Up 40% of its USD 100M Bitcoin Buy as Loss

July 2, 2021

The crypto-keen South Korean gaming giant Nexon is continuing to hold its bitcoin (BTC) - even though it has written off some 40% of the money it spent on a groundbreaking USD 100m BTC purchase just months ag...

Japan-Based Video Game Publisher Buys $100M of Bitcoin To Hedge Against Inflation

April 28, 2021

Tokyo-based video game publishing company Nexon Co., Ltd. has announced that it has recently invested $100 million in Bitcoin ($BTC). Nexon, which was founded in 1994, is a pioneer in massively multiplayer o...

Video Games Giant Nexon Buys Korbit Exchange for $80 Million

September 28, 2017

Korean cryptocurrency exchange Korbit has been acquired by NXT, the parent company of PC and mobile video games giant Nexon (TYO: 3659). With rumors circulating in the market that Korbit was sold for as much...