K-Wave Media (KWM), a South Korean entertainment company listed on Nasdaq in the U.S., 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, following a revised securities purchase agreement with Anson Funds. This move is explained as an effort to reduce debt and pursue restructuring. KWM had previously announced its Bitcoin financial strategy as part of its capital market restructuring plan in 2025.
