South Korea’s K Wave Media exits Bitcoin after 10,000 BTC goal
K Wave Media sold 88 BTC to repay $6 million in debt, ending its Bitcoin treasury push after once targeting 10,000 BTC during its AI pivot.
Bitcoin News·
Bitcoin retreated toward $58K despite improving financial conditions, highlighting an unusual market divergence. Analysts said persistent crypto-specific selling, rather than broader macroeconomic pressure, has kept the asset disconnected from equities, Treasury yields, and gold. Why Did Bitcoin Fall While Traditional Markets Improved? According to the Bitfinex Alpha report published July 1, bitcoin began the third […]
Read full articleK Wave Media sold 88 BTC to repay $6 million in debt, ending its Bitcoin treasury push after once targeting 10,000 BTC during its AI pivot.
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