K Wave Media sells all 88 Bitcoin to cover $6 million debt, ending its treasury experiment

According to data published by BitcoinTreasuries.NET on July 2, K Wave Media (KWM), a South Korean company listed on the Nasdaq under the ticker symbol KWM, has sold off its entire Bitcoin holdings of 88 BTC to pay down approximately $6 million in debt, thus leaving K Wave Media with nothing else in cryptocurrency. This...