Investment in Bitcoin for 100 million from a well-known company

A public company registered in Japan as a developer of gaming products acquired about 1,717 Bitcoins, which in dollars exceeds 100 million. The average price of a coin at the time of acquisition was 58 thousand dollars. According to the statements of representatives of the Nexon company, they invested in cryptocurrency only 2% of the total assets that the company has. Today, this company can be considered one of the largest contributors, which has publicly announced a large volume of cryptocurrency investments.

The company was founded back in 1994 and during this time has made significant progress in the development of gaming technologies for both video and virtual reality formats. Now the company has more than fifty online projects that operate around the world. Coverage is 190 countries, and all this speaks of the companys great weight in the national economy and the companys significant reputation. The companys publicity is confirmed by the fact that shares can be freely purchased on the stock exchange since 2011.

The companys behavior in terms of investing in Bitcoin has a huge impact not only for the company itself, but also for the cryptocurrency industry. Such investments do not go unnoticed and attract the attention of users from all over the world to the purchase and use of digital finance.

From the statistical data it became known that only 22 of the public companies that have a certain amount in Bitcoins are known. The first position in the rating in terms of the number of coins is occupied by MicroStrategy (the total number of purchased Bitcoins on the companys account is more than 91 thousand), and Nexon took 7th place ...

The director of the company himself comments on the purchase as part of a strategy to protect finances, which is especially important in the current difficult economic conditions around the world. With the help of Bitcoin, the company plans to maintain the stability of its assets, and, under favorable circumstances, to increase them, while fiat funds, even the leading dollar in the global financial market, endure inflation. According to the CEO of the company, Bitcoin is already practically cash, which has not yet received worldwide recognition, but will certainly retain its value, even if it experiences periodic drops along with an appreciation. Nowadays, many companies acquire MTC in order to secure their capital and protect it from depreciation.