NEXON Co., Ltd.

πŸ‡―πŸ‡΅Japan
3659.T
@Nexon_AmericaWebsite

BTC Holdings

1717

Total P&L
+99.99%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$58,226

Average price paid for each Bitcoin

Share Price
$2,963

Current trading price per share

Market Cap
$2,377,000M

Total market capitalization

Enterprise Value
$1,838,000M

Market cap plus debt minus cash

NAV Multiple
80.649

Net Asset Value multiplier

BTC / Market Cap
1.2%

Bitcoin holdings as % of market cap

About NEXON Co., Ltd.
NEXON Co., Ltd., listed on the Tokyo Stock Exchange with the ticker 3659.T, is a global leader in online gaming, headquartered in Tokyo, Japan. Founded in 1994 in South Korea, NEXON pioneered free-to-play online games, later relocating to Japan in 2005. Its core operations focus on developing and publishing interactive entertainment, including popular titles like MapleStory and KartRider, delivered through PC and mobile platforms, with a business model centered on in-game purchases and virtual goods.
NEXON employs a Bitcoin treasury strategy, holding Bitcoin as a reserve asset to diversify its financial portfolio and hedge against inflation, aligning with its innovative approach to technology. Beyond treasury management, the company explores broader digital asset strategies, integrating blockchain technology into its gaming ecosystem to support decentralized in-game economies and NFT-based assets. These efforts aim to enhance player engagement and position NEXON at the forefront of Web3 gaming innovation.
Led by CEO Junghun Lee, a veteran in digital entertainment, NEXON maintains a strong industry presence through its global reach and partnerships with major gaming platforms. Its leadership drives a vision of blending gaming with blockchain, ensuring adaptability in a dynamic market. By embracing digital assets and advancing interactive entertainment, NEXON secures long-term relevance in the evolving landscapes of gaming and digital finance.

Recent Developments

  • Apr 28, 2021: Bitcoin holdings increased by 1717.00 BTC to 1717 BTC with cost basis of $100M (BTC @ $55K), stock price $3610.00
NEXON Co., Ltd. β€” Bitcoin Holdings Over Time
1y - Present
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NEXON Co., Ltd. β€” Stock vs BTC Dynamics
1y - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Apr 28, 2021
β‚Ώ1,717
1,717
$100M$54,992$3,610