K Wave Media abandons Bitcoin treasury push for AI infrastructure

K Wave Media is redirecting up to $485 million from a Bitcoin treasury strategy into AI infrastructure, alongside debt reduction and restructuring, per a Form 6-K filing.
Source: K Wave Media abandons Bitcoin treasury push for AI infrastructure (https://cointelegraph.com/news/k-wave-media-shifts-485m-financing-from-bitcoin-treasury-to-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)