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    Home»Bitcoin»An settlement in South Korea: new treasurer for Bitcoin
    An settlement in South Korea: new treasurer for Bitcoin
    Bitcoin

    An settlement in South Korea: new treasurer for Bitcoin

    By Crypto EditorJune 4, 2025No Comments4 Mins Read
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    The leisure firm Ok Wave Media, based mostly in South Korea, has introduced a daring and modern transfer: elevating as much as 500 million {dollars} to finance a Bitcoin-based treasury technique.

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    The target? To rework into the so-called “Metapianeta della Corea,” an ambition that mixes expertise, decentralization, and popular culture.

    The announcement, launched on June 4th, had a direct influence on the markets: the corporate’s shares rose by 162% on Nasdaq, reaching a price of 5.04 {dollars} per share. 

    A transparent sign that buyers have enthusiastically welcomed this new strategic path.

    A half-billion deal to concentrate on digital in South Korea: new treasurer for Bitcoin

    Ok Wave Media has signed an settlement with Bitcoin Strategic Reserve KWM for the sale of bizarre shares as much as a complete worth of 500 million {dollars}. The funds raised will probably be primarily allotted to constructing a digital treasury with Bitcoin on the heart.

    In accordance with what Ted Kim, interim co-CEO of the corporate, said, this alternative represents a decisive step in the direction of a extra agile and decentralized future:  

    “Incorporating BTC into our most important technique, we’re strengthening our dedication to decentralization, agility, and future-oriented worth creation.”

    Though Bitcoin is the main target of the technique, Ok Wave Media has hinted that it may additionally discover different criptovalute. Nonetheless, the precedence stays the acquisition, long-term holding, and yield optimization of Bitcoin.

    The corporate has certainly said that, barring some limitations, a good portion of the proceeds will probably be allotted to the buy and administration of Bitcoin. 

    This additionally contains the intention to handle nodi Lightning Community, a basic infrastructure for quick and low-cost transactions on the Bitcoin community.

    Along with the crypto technique, Ok Wave Media plans to make use of the funds raised additionally for mergers and acquisitions within the leisure sector, with explicit concentrate on the world of Ok-POP. 

    The target is to broaden its content material providing and strengthen its place within the world cultural panorama.

    This twin technique – monetary and cultural – goals to consolidate Ok Wave Media as a key participant within the Asian digital and media ecosystem.

    A rising development amongst Asian corporations

    Ok Wave Media isn’t alone on this alternative. The adoption of Bitcoin as a company reserve asset is a rising development, particularly in Asia. 

    The motion was initially led by MicroStrategy in 2020 and impressed quite a few different corporations, together with the Japanese Metaplanet.

    Not too long ago, Metaplanet issued 21 million {dollars} in bonds to buy Bitcoin, following a earlier capital improve of 50 million {dollars}. 

    With these numbers, it has grow to be the eighth firm on the earth for the quantity of Bitcoin held, with a complete worth of 118 million {dollars}.

    With its new technique, Ok Wave Media positions itself in a world context the place cryptocurrencies have gotten more and more central in company monetary insurance policies. 

    The adoption of Bitcoin is not seen solely as a speculative guess, however as a structural alternative to guard worth, diversify reserves, and embrace a decentralized future.

    The choice to handle Lightning Community nodes and put money into on-chain infrastructure demonstrates a long-term imaginative and prescient, oriented not solely in the direction of instant revenue but in addition in the direction of constructing a sustainable and modern digital ecosystem.

    A brand new paradigm for media and finance

    The initiative of Ok Wave Media represents a turning level for the media sector in Asia. The mixing between expertise blockchain, digital property, and cultural content material paves the best way for a brand new enterprise mannequin, the place monetary innovation merges with creativity.

    With an funding of half a billion {dollars}, the South Korean firm goals to grow to be a pioneer of the digital future, combining the worldwide affect of Ok-POP with the decentralized energy of Bitcoin.

    If the venture is profitable, Ok Wave Media may actually rework into the “Metapianeta della Corea,” redefining the function of media corporations within the period of blockchain.



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