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via Bitcoin Magazine · By Bitcoin Magazine Editorial
K Wave Abandons Bitcoin Treasury Plan, Shifts To AI Infrastructure Play With $485M War Chest
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Bitcoin Magazine Editorial(02:09 PM UTC)
1 min read
K Wave Media is abandoning its high‑profile bitcoin treasury plan and recasting itself as an AI infrastructure company, backed by a potential war chest of up to $485 million and a cleaner balance sheet.
The Nasdaq‑listed firm intends to shed its legacy media operations, erase roughly $48 million of debt and pursue a rebrand as Talivar Technologies as it chases stronger margins in data…
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