K Wave Media Inc. Commits $500M to Bitcoin Reserve Strategy
Key Points: K Wave allocates $500M to Bitcoin via stock issuance. K Wave stock surges up to 114% post-announcement. Strategy mirrors Metaplanet’s successful Bitcoin model. K Wave Media Inc. (NASDAQ: KWM) announced a $500 million securities purchase agreement with Bitcoin Strategic Reserve KWM LLC on June 4, 2025, to enhance its Bitcoin-centric assets. This initiative … Read more