K Wave Media sells $500 million in common stock, with the funds used to support Bitcoin financial strategies.
Nasdaq-listed South Korean media company K Wave Media (KWM) announced that it has signed an agreement with Bitcoin Strategic Reserve KWM LLC to raise up to $500 million through the sale of common stock, Golden Finance reported. The proceeds will be used to advance the company's asset strategy, liquidity, and M&A expansion with Bitcoin at its core. KWM said it would follow Japan's lead
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