K Wave Media on goodinfo.net Daily https://goodinfo.net/en/tags/k-wave-media/ goodinfo.net daily curated global news: AI, tech, finance, and world affairs. Hugo -- gohugo.io en goodinfo.net Tue, 05 May 2026 22:25:53 +0800 Nasdaq-Listed K Wave Media Drops Bitcoin Treasury Plan, Redirects 485 Million to AI https://goodinfo.net/en/posts/crypto/k-wave-media-scraps-bitcoin-treasury-pivot-ai-may-2026/ Tue, 05 May 2026 22:25:53 +0800 goodinfo.net https://goodinfo.net/en/posts/crypto/k-wave-media-scraps-bitcoin-treasury-pivot-ai-may-2026/ K Wave Media abandons its bitcoin treasury plan and redirects 485 million dollars in capital toward AI investments Nasdaq-listed K Wave Media has announced it is abandoning its massive bitcoin treasury plan, redirecting 485 million dollars in capital toward AI investments instead.

The company had previously raised 500 million dollars to invest in bitcoin. But less than a year later, it has decided to change strategic direction and chase the AI investment wave. This shift reflects capital market funds flowing en masse from crypto assets to the AI sector.

Bitcoin price currently hovers around 80,000 dollars, and market confidence in treasury strategy companies may be diverging.

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