TSE:3659Entertainment
Should Nexon’s Growing Bitcoin Treasury Position Reshape How Investors View NEXON (TSE:3659)’s Capital Allocation?
In recent months, Nexon has drawn attention as one of at least 14 Japanese public companies collectively holding more than 46,000 BTC, worth nearly US$3.00 billion, as corporate interest in digital asset treasuries has grown following Metaplanet’s April 2024 shift to a Bitcoin-focused strategy.
This move highlights how Japanese listed firms, including Nexon, are increasingly using digital assets for treasury management, yield generation, and lending despite the absence of a fully established...