Leaderboard / Gaming / Japan

Nexon Co., Ltd. (3659.T) bitcoin per share

BTC per share

0.00000219

BTC held ÷ shares outstanding

Sats per share

218.97 sats

1 BTC = 100,000,000 sats

BTC held

1,717 BTC

as of August 3, 2026

Shares outstanding

784,120,000

basic, as of August 3, 2026

USD value per share

live BTC spot × BTC per share

Leaderboard rank

#70 of 81

Data confidence: high

Nexon Co., Ltd. comes to bitcoin from the gaming industry, holding BTC as a strategic reserve alongside its core entertainment business. Gaming companies were early corporate adopters in Asia, and the per-share figure shows what that conviction amounts to for each shareholder. Listed on Tokyo Stock Exchange (Prime) and based in Japan, it holds 1,717 BTC against 784,120,000 shares outstanding, which works out to 218.97 satoshis per share. That places it at rank 70 of 81 on the bitcoinps.com leaderboard. A large absolute holding can still translate into a thin per-share figure when the share count is large, and this row is a good example.

The math

The calculation is deliberately simple: 1,717 BTC (as of August 3, 2026) divided by 784,120,000 basic shares (as of August 3, 2026) gives 0.00000219 BTC per share. Put another way, you would need roughly 456,684 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.

Holdings context

This is a static position. The holdings have not moved materially in recent disclosures, so changes in BTC per share come almost entirely from the share count side: issuance dilutes it, buybacks concentrate it.

Analyst note (2026-08-03): 1,717 BTC bought April 2021 ($100M, ~$58.2k avg) and unchanged since; CoinGecko figure stands. Large-cap game publisher (JPY ~2.0T market cap); BTC immaterial to valuation. Ongoing share buybacks gradually reduce count.

What would change this number

New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
Buybacks. The company has been repurchasing its own shares. Buybacks shrink the denominator, so each remaining share represents more bitcoin, which is why treasury companies trading below their bitcoin value per share often prefer buybacks to new coin purchases.
New bitcoin purchases or sales. Any change to the coin count moves the numerator one for one. Purchase announcements lift BTC per share immediately; sales, loans against the position or collateral arrangements cut or complicate it.

Quick reference: at the current figure, roughly 456,684 shares of 3659.T represent one full bitcoin.

Sources

Listed on Tokyo Stock Exchange (Prime). Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.