Search results for K Wave Media
Crypto
France\'s Capital B buys 376 more bitcoins, 84 BTC short of Europe\'s top spot
France\'s bitcoin treasury firm Capital B bought an additional 376 BTC for 25.3 million euros, taking its total holdings to 3,521 BTC. The purchase followed a roughly 30.1 million euro fundraising that included a private placement joined by Adam Back (Adam Back) and TOBAM. Capital B bought at an average 67,182 euros per bitcoin. The deal was executed by Swissquote Bank Europe, while custody used technology from Swiss firm Taurus.
Crypto
DAT firms shift en masse to AI data centres, results still uncertain
At least 12 digital asset treasury companies (DAT) have shifted their businesses to AI data centres in recent months as the cryptocurrency market downturn drags on, but results have been weak. Bloomberg reported that K Wave Media shares have fallen about 71 percent since its May pivot from a bitcoin-holding strategy to data centre development. Other firms that merged or rebranded also saw share declines of about 33 percent.
Crypto
Financial sector \'digital asset alliance\' spreads as firms build infrastructure ahead of regulation
As debate continues in South Korea over regulating digital assets, financial firms are accelerating efforts to secure related infrastructure. Banks, securities firms and asset managers are moving beyond investment and cooperation with exchanges to widen ties with global blockchain foundations, real-world asset companies and token securities platforms. Industry participants are signing partnerships and making equity investments, while firms also examine stablecoin, tokenisation and distributed-ledger infrastructure as they prepare for competition after formal rules are set.