6-K - K Wave Media Ltd. (0002000756) (Filer)

NEW YORK and SEOUL, South Korea, June 04, 2025 (GLOBE NEWSWIRE) -- K Wave Media, Inc. (NASDAQ:KWM) ("K Wave" or the "Company"), the first Korean media alliance listed on Nasdaq, announced today that it has entered into a securities purchase agreement with Bitcoin Strategic Reserve KWM LLC, providing for the sale by the Company of up to $500 million of ordinary shares. Proceeds from the facility will be used to support the Company's Bitcoin-centric digital asset treasury strategy as well as for working capital and M&A activities, further expanding its content and K-POP related businesses. Under this initiative, K Wave will, subject to certain limitations, allocate a significant portion of