Apr 28, 2021 04:41 GMTCrypto News
South Korean-Japanese video game company Nexon has allocated some of its cash holdings to the leading cryptocurrency.
The firm purchased $100 million in Bitcoin for an average price of $58,226 per BTC.
The gaming company’s allocation to the pioneer digital currency is less than 2% of its total cash.
Online game provider Nexon Co. acquired $100 million in Bitcoin. This became the largest-ever purchase of digital currency made by a listed company in Tokyo.
Bitcoin likely to retain its value despite associated risks
A growing number of firms worldwide, including MicroStrategy, Tesla, and Square, have purchased Bitcoin in the past few months. More firms are starting to adopt the cryptocurrency as a form of payment and store of value.
Korean Billionaire Kim Jung-Ju s Gaming Giant Invests $100 Million In Bitcoin forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
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The Global Gaming Software Market is expected to reach USD159.59 billion by 2026, growing at a CAGR of 10.81% in the next five years, owing to the rapid technological advancements and increasing customer engagement.
The increasing software gaming penetration in the entertainment and educational sectors around the world, increase in the number of smartphones, and evolving business models are creating numerous growth opportunities for the Global Gaming Software Market. The end-users are progressively receiving diverse types of software games, such as adventure, action, role-playing, simulation, puzzles, sports, and others.
Gaming Software can be segmented based on the gaming device type, gaming type end-use, distribution channel, and region. The market can be segmented into action, adventure, simulation, role-playing, sports, puzzles based on type. Action is expected to lead the market owing to its inc
To the growing list of things that make gaming startup Coly Inc. unusual, it can add one of the best market debuts in recent Japanese history. Co-founders Anna and Mizuki Nakajima they’re twins took their seven-year-old mobile games studio public Friday, and the stock doubled, the strongest market debut of 2021. As of Tuesday’s close, each sister’s 33.75% stake was worth
Coly Inc mobile game ‘Promise Of Wizard’ on a smartphone in Kawasaki, Kanagawa Prefecture, Japan. Coly’s co-founders Anna and Mizuki Nakajima took their seven-year-old mobile games studio public Friday, and the stock doubled, the strongest market debut of 2021. Bloomberg
To the growing list of things that make gaming startup Coly Inc unusual, it can add one of the best market debuts in recent Japanese history.
Co-founders Anna and Mizuki Nakajima – they’re twins – took their seven-year-old mobile games studio public on Feb 26, and the stock doubled, the strongest market debut of 2021. As of Tuesday’s close, each sister’s 33.75% stake was worth 15.2bil yen (RM574.52mil).