K Wave Media Doubles Down on Bitcoin, Shares Soar 130%

South Korean media company K Wave Media made headlines this week as it announced a significant commitment to Bitcoin, driving its stock prices up by an impressive 130%. The company’s CEO Ted Kim revealed the $500 million plan to acquire BTC, aligning with similar strategies adopted by companies like MicroStrategy. This strategic move indicates a shift towards decentralization within the media industry and could impact other businesses globally.