<ul><li>K Wave Media signed a $500 million securities purchase agreement with Bitcoin Strategic Reserve KWM LLC.</li><li>K Wave Media stock surged 162.9% on the announcement, reaching 1,930 KRW by market close.</li><li>K Wave Media aims to be the 'Metaplanet of Korea' through Bitcoin buys and plans to raise $500 million for a Bitcoin treasury.</li><li>K Wave Media becomes one of the first publicly traded media companies to embed Bitcoin into its core treasury operations, following a rising trend among global firms adopting Bitcoin as a corporate reserve asset.</li></ul>

K Wave Media Announces $500M Bitcoin Investment Strategy, Stock Surges 133%

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