The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On July 1, K Wave Media sold its entire Bitcoin treasury to repay a debt of $6 million. On July 3, the U.S. public firm liquidated its entire portfolio of 88 Bitcoin units. The liquidation aims to provide necessary liquidity to repay the outstanding debt. On July 5, K Wave Media confirmed the liquidation of all its Bitcoin holdings to settle the $6 million debt.