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Games Publisher Nexon Buys $100 Million in Bitcoin

By
Nick Wingfield
· · Source: The Information

Two decades ago, Nexon helped invent the concept of digital currencies in videogames. Now the Japanese-Korean online games maker is using some of its cash to buy a different kind of digital currency—bitcoin. In an interview with The Information, Nexon CEO Owen Mahoney said the company has used about $100 million of its more than $5 billion in cash and cash-equivalents to buy 1,717 bitcoins....

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