K wave media provides a billion dollars for the Bitcoin Ministry star-news.press/wp
The company, which is transferred in NASDAQ, has now announced that it now has one billion dollars, which it intends to use to lead the Treasury strategy in Bitcoin. This is followed by a $ 500 million financing deal with ANSON money, which adds an amount of $ 500 million previously to buy BTC.
K wave media in South Korea offers a progress with the Bitcoin Treasury Plan
in press releaseThe giant media company announced that it is entering into a transferred memorial agreement with Anson Funds, according to which ANSON will provide up to $ 500 million in financing. K wave plans to customize at least 80 % of net returns towards bitcoin purchasing.
This follows Pre -advertisement Through the Srandby stock purchase agreement of $ 500 million (SEPA) with Bitcoin strategy reserves. This is the total capital capacity of the company for the Bitcoin initiative of the Treasury, one billion dollars.
At that time, the company noted that it is looking forward to being “metaplanet of korea”. She pointed to how the Japanese company became the first shares in the world in 2024 and the best performance in 2025 after the adoption of the Bitcoin strategy.
In fact, Metaplanet has achieved tremendous success since Bitcoin Treasury has become. Coingepe reported that the Japanese company won the estimates of the S&P 500 Q2 revenues and also witnessed that BTC’s income is 42 %.
K wave media believes that the Bitcoin model is similar, which combines public markets and the concentrated Bitcoin initiative, will resonate with investors all over Asia and castles.
With the ongoing initiative, the company announced the initial acquisition of 88 BTC. It intends to expand the scope of Bitcoin’s “strongly and transparently” Bitcoin’s holdings, as it is compatible with the critical principle of BTC and the growing global movement in corporate reserves on the series.
Plan for obtaining 10,000 BTC
Ted Kim, CEO of K Wave Media, stated that the goal of his company is to expand its holdings of about 10,000 Bitcoin as soon as possible. They are planning to do this while maintaining the strong investor alignment and full transparency in Bitcoin reports.
Kim also stated that their current works from the K-CONTENT will benefit from the BTC Treasury strategy because it actively explores innovative ways for the international masses to interact with them, consume them and even invest in our excellent films and drama using Bitcoin. “
The shares of the company also benefit from this Bitcoin Treasury strategy. View trading data It shows that the KWM shares rose more than 6 % in the last day, as it is circulated by about $ 5. The stock also rose more than 41 % last month.
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Alignafe Adeyemi
Boluwatife Adeyemi is a writer and editor of encryption news that covers topics that exceed several ports. Its speed and alacity covering uniform break updates. He has a talent to simplify the most technical concepts and make them easy to understand beginners in encryption. Boluwatife is also a lawyer, a law certificate from the University of Ibadan. It also holds a certificate in digital marketing. Away from writing, he is a fan of thirsty basketball, traveler, and part -time Degen.
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2025-07-10 13:18:00
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