Nexon

Companies

Nexon Co., Ltd. (Tokyo: 3659) is a Japanese-South Korean video game publisher and developer known for massively multiplayer online games including MapleStory and Dungeon Fighter Online. In April 2021, Nexon purchased $100 million in Bitcoin as a treasury reserve asset — representing about 2% of its total cash and cash equivalents at the time. CEO Owen Mahoney cited Bitcoin's store of value properties and long-term stability as the rationale for the purchase. Nexon's Bitcoin purchase made it one of the few major gaming companies to add Bitcoin to its balance sheet.

Details

Ceo: Junghun Lee
Note: Position unchanged since initial purchase April 2021 ($100M). No additional buys or sales reported through late 2025. Long-term HODL.
Type: Gaming / Entertainment
Public: Yes
Sector: technology
Ticker: 3659.T
Founded: 1994
Exchange: TSE
Market Cap: ~$12B (as of Q1 2026)
Btc Holdings: ~1,717 BTC
Founded Year: 1994
Headquarters: Tokyo, Japan
Bitcoin Holdings: 1717
Bitcoin Strategy: Treasury reserve asset; one-time $100M purchase of Bitcoin as diversification of cash reserves
Btc Holdings Date: 2025-10
Bitcoin Holdings Date: 2025-11

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