Nexon Hodls Despite Chalking Up 40% of its USD 100M Bitcoin Buy as Loss

The crypto-keen South Korean gaming giant Nexon is continuing to hold its bitcoin (BTC) - even though it has written off some 40% of the money it spent on a groundbreaking USD 100m BTC purchase just months ago as a loss. In an official release, Nexon said that, going forward, it would reassess its reporting of the asset's worth in its next quarterly earnings report,