Nexon, an Asian video game company purchased $100 million in Bitcoin. Nexon is rubbing shoulders with Tesla and Microstrategy, both of which have made investments in the top crypto firms. As the pandemic spreads and inflation soars, many more businesses will follow suit.
Nexon is a PC and mobile gaming company and has a number of titles to its credit. The company is headquartered in Tokyo, Japan, but it was founded in South Korea in 1994. Nexon is Japan’s third largest gaming company, trailing only Tencent and NetEase in terms of market capitalization and revenue.