NEXUS achieves operating profit surplus in Q2... Resolves to purchase ₩3 billion worth of Bitcoin
Summary
- NEXUS announced that it achieved an operating profit surplus in Q2, maintaining both profitability and financial stability.
- The board resolved to purchase ₩3 billion worth of Bitcoin as part of its financial strategy.
- The company stated its plan to strengthen platform competitiveness through future game onboarding and the stablecoin business.
NEXUS, a blockchain game platform company, announced on the 5th that it achieved consolidated financial results of approximately ₩9.3 billion in revenue and ₩300 million in operating profit for the second quarter, marking two consecutive quarters of operating profit surplus. However, its net loss for the period was reported at ₩1.9 billion.
A NEXUS representative explained, "We maintained profitability and financial stability by achieving an operating profit surplus for a second consecutive quarter."
Additionally, on the same day, NEXUS resolved at its board meeting to purchase ₩3 billion worth of Bitcoin (BTC) as part of its financial strategy.
CEO Hyunguk Jang stated, "We have secured a strong platform lineup through developer investments and partnerships, and established a foundation for our stablecoin business. Moving forward, we will enhance our platform competitiveness through game onboarding and the stablecoin business as dual pillars."
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