K Wave Media Raises $1 Billion For Bitcoin Treasury
Bitcoin Magazine K Wave Media Raises $1 Billion For Bitcoin Treasury K Wave Media Inc. has announced a $500 million convertible note agreement with Anson Funds to support its Bitcoin treasury strategy. This financing follows an earlier $500 million standby equity purchase agreement with Bitcoin Strategic Reserve, bringing the company’s total capital capacity to $1 billion. As part of the Anson agreement, K Wave will issue […] This post K Wave Media Raises $1 Billion For Bitcoin Treasury first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
Bitcoin Magazine
K Wave Media Raises $1 Billion For Bitcoin Treasury
K Wave Media Inc. has announced a $500 million convertible note agreement with Anson Funds to support its Bitcoin treasury strategy. This financing follows an earlier $500 million standby equity purchase agreement with Bitcoin Strategic Reserve, bringing the company’s total capital capacity to $1 billion.
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