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Nexon’s Purchase of Bitcoin by Owen Mahoney | NEXON | Apr, 2021

medium.com/nexon/nexons-purchase-of-bitcoin-81e3079a3f58

What Jamie wrote

Another publicly traded company, NEXOY, announcing that they are holding BTC on their balance sheet. They purchase $100M, or 1,717 coins at an average price of $58,226.

We are not making a prediction on the future of interest rates. We are, however, fiduciaries of our shareholder’s capital, and as such we need to think seriously about the future buying power of our cash in a world of potential currency debasement. So we watch our currencies very closely.

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