K Wave Abandons Bitcoin Treasury Plan, Shifts To AI Infrastructure Play With $485M War Chest
K Wave Media is abandoning its high‑profile bitcoin treasury plan and recasting itself as an AI infrastructure company, backed by a potential war chest of up to $485 million and a cleaner balance sheet. The Nasdaq‑listed firm intends to shed its legacy media operations, erase roughly $48 million of debt and pursue a rebrand as...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
