Nasdaq Firm Plans $500M Bitcoin Treasury, Boosts One Top Altcoin

Description

Having a strategic Bitcoin reserve is becoming quite popular among business houses and corporations, with K Wave Media (KWM) being the latest company to join the trend. This Korea-based media alliance has announced its plans to raise a whopping $500M for a Bitcoin reserve and adopt a Bitcoin-first strategy. The company plans to develop an entire ecosystem around $BTC, allowing users to buy concert tickets, albums, and even vote on the platform using Bitcoin. Keep reading to find out more about K...