K Wave Media liquidated its entire Bitcoin portfolio of 88 BTC. The company repaid approximately $6 million in debt. An SEC filing on June 30, 2026, detailed these actions.
This sale reverses its 2025 plan to accumulate up to 10,000 BTC. The original plan formed part of a corporate treasury strategy.
K Wave Media used the proceeds to settle obligations with Anson Funds. This move finalized on May 6, 2026.
The company's exit from crypto assets completes its strategic pivot. K Wave Media now focuses on the artificial intelligence infrastructure sector.
The company announced in May its plan to redirect up to $485 million in financing capacity. These funds will acquire data centers and GPU compute resources.