NEXON Co., Ltd.
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