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K WAVE MEDIA ( (KWM) ) has shared an announcement.
On July 10, 2025, K Wave Media announced a significant financial move by entering into a Securities Purchase Agreement with Anson Funds, securing up to $500 million in financing. This agreement includes the issuance of senior secured convertible notes and warrants, with at least 80% of the proceeds dedicated to purchasing Bitcoin. The initial closing of $15 million was completed on July 11, 2025. This strategic initiative is part of K Wave Media’s broader plan to aggressively scale its Bitcoin holdings, aiming to position itself as a leader in the Web3 economy and enhance its K-content business by integrating Bitcoin into its operations.
More about K WAVE MEDIA
K Wave Media is a pioneering company in the entertainment industry, integrating Korean cultural content with a Bitcoin-focused corporate treasury model. The company is listed on Nasdaq and aims to leverage the global influence of Korean entertainment by strategically allocating capital into Bitcoin, original content, and consumer brands.
Average Trading Volume: 3,008,020
Technical Sentiment Signal: Sell
Current Market Cap: $249.2M
For detailed information about KWM stock, go to TipRanks’ Stock Analysis page.