Tag: nexon

Apr 30 2021

A Bitcoin Standard?

PLUS: JPMorgan to offer bitcoin exposure to customers This week was pretty busy in the world of Bitcoin. JPMorgan will be offering clients exposure to bitcoin through an actively managed fund as soon as this summer. The publicly traded company Nexon purchased $100 million of BTC for its balance sheet. The SEC decided to further procrastinate on its bitcoin ETF decision by delaying...

Apr 28 2021

Nexon Invests $100 Million In Bitcoin, Joins Other Companies In The Bitcoin Race

Japanese gaming giant, Nexon has announced the purchase of 1,717 BTC worth an estimated $100 million at an average price of $58,226. Purchase Is To Protect Shareholder Value According to an announcement published on the 28th of April, Nexon bought a total of 1,717 Bitcoins. Each coin was gotten at an average price of...

Video Game Publisher Nexon Buys 1,717 Bitcoin For $100 Million

Video game publisher Nexon has purchased 1,717 bitcoin for about $100 million to hedge against potential currency debasement.Asian video game publisher Nexon has announced the purchase of 1,717 bitcoin for approximately $100 million, according to a press release.The average price per BTC was...

Jan 07 2021

South Korean Gaming Titan to Buy Bitcoin Exchange Bithumb for $460M

One of the world's largest gaming companies, Nexon, is reportedly acquiring the troubled cryptocurrency exchange Bithumb. The deal is worth around $460 million. Nexon Eyes Bithumb Sale Nexon, one of Korea's biggest video gaming companies, is preparing to acquire Bithumb. The deal is said to be worth roughly $460 million. Korean outlets...

Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing to Acquire 65% Stake in Bithumb

Bithumb, the largest South Korean crypto exchange is reportedly in talks with Nexon, a multi-billion dollar gaming conglomerate as per several local media reports. The report says Nexon plans to take 65% of Bithumb. The local report said, Nexon Group plans to buy out (acquired management rights) Bithumb in partnership with Bident, a major shareholder The post Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing...

Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing to Acquire 65% Stake in Bithumb

Bithumb, the largest South Korean crypto exchange is reportedly in talks with Nexon, a multi-billion dollar gaming conglomerate as per several local media reports. The report says Nexon plans to take 65% of Bithumb. The media reports suggest that Nexon signed a Memorandum of Understanding (MOU) at the start of the month which would allow The post Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing...

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