Korea's K Wave Media Soars 155% on $500M Bitcoin Treasury Plan

K Wave Media Inc.(KWM), the first Korean media alliance listed on Nasdaq, has announced plans to raise up to $500 million in stock sales to fund bitcoin purchases."K Wave is looking to be the 'Metaplanet of Korea," said the company in a translated statement. "The Company believes a similar model — combining public market access with a focused Bitcoin treasury initiative — will resonate with investors across Asia and the globe source: https://www.coindesk.com/markets/2025/06/04/koreas-k-wave-media-soars-155-on-500m-bitcoin-treasury-plan