The Block (@TheBlockCo): THE BLOCK: K Wave Media, a Nasdaq-listed DAT with roots in South Korea, exited bitcoin by selling its remaining 88 BTC to repay $6 million in debt.
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THE BLOCK: K Wave Media, a Nasdaq-listed DAT with roots in South Korea, exited bitcoin by selling its remaining 88 BTC to repay $6 million in debt. The company will halt its $BTC treasury strategy to focus on AI infrastructure.