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by: xpoolPosted on: June 6, 2025

K-Pop Company Invests $500 Million in Bitcoin for Treasury Reserve

K Wave Media, a publicly traded company listed on the NASDAQ, recently agreed to sell up to $500 million worth of its common stock to Bitcoin Strategic Reserve KWM. This strategic move is designed to reinvest the proceeds into Bitcoin, marking K Wave Media’s commitment to incorporating this cryptocurrency into its corporate treasury reserve for future use.

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