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K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot

K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot


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2026-05-04 21:15:24
K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot

K Wave Media is shifting $485 million in funding from its Bitcoin treasury strategy towards an AI infrastructure play.

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