Nexon Purchases $100 Million Worth of Bitcoin

Nexon Purchases $100 Million Worth of BitcoinNexon has announced the purchase of 1,717 bitcoin (BTC) worth roughly $100 million (11.1 billion yuan) at an average price of $58,226. The firm says the move is in a bid to protect shareholder value while also hedging against inflation, according to a press release on April 27, 2021. Nexon Adds Bitcoin to its Balance

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Source and More information: Japanese Gaming Giant Nexon Buys $100 Million Worth of Bitcoin (BTC)

Author: BTCManager.com