KWM is trading 5.7% up at $0.16 in pre-market, extending yesterday’s jump following a strategic shift away from cryptocurrency toward AI infrastructure.
- The company sold its remaining 88 BTC to repay approximately $6 million in debt, clearing its balance sheet to focus on new growth areas.
- K Wave Media is pivoting its operations toward building AI-related infrastructure, a move that has attracted significant investor interest.
- This strategic transition has supported the stock’s recent rebound as the market reacts positively to the shift in business direction.