K-WAVEMEDIA (KWM), a South Korean entertainment company listed on NASDAQ in the US, announced that it will reinvest up to $485 million secured through its Bitcoin financial strategy into artificial intelligence (AI) infrastructure. According to Cointelegraph, KWM plans to allocate the funds to data centers, GPU computing operations, and related AI infrastructure investments under a revised securities purchase agreement with Anson Funds. This is explained as a move to reduce debt and pursue restructuring. KWM had previously announced its Bitcoin financial strategy as part of its capital market reorganization plan in 2025.
