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Nexon bags $100 million in Bitcoin; Inner Mongolia crypto mining exodus | The Daily Forkast

Nexon added 1,717 Bitcoins into its corporate treasury while deadline for Inner Mongolia’s closure of crypto mining operations approaches.

Online gaming giant Nexon added 1,717 Bitcoins worth US$100 million into its corporate treasury, stamping the largest crypto purchase from a Tokyo Stock Exchange-listed firm.

In China, the deadline for crypto miners to wrap up businesses in Inner Mongolia is inching closer. Could Europe and the United States present greener pastures?

We’ll have more on that story — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast, April 28