K Wave Media shares surge 11.41% intraday as company secures $500M funding for Bitcoin digital asset strategy and K-POP expansion.

think> Okay, let me tackle this. The user wants me to transform the given text into a concise news headline following specific rules. First, I need to make sure I understand all the requirements. The company name is K Wave Media. The percentage change is 11.40909091%, which I need to round to two decimal places. That would be 11.41%. The time period is intraday. The reason for the price movement is two points: the agreement with Bitcoin Strategic Reserve KWM LLC to raise $500 million and the Hallyu Con event in London on November 22, 2025. Wait, the user provided two bullet points. The first is about the funding agreement, and the second is the event. But the example only included one reason. Should I include both? The example had a single reason, but the rules say to provide a brief reason. Maybe combine the two points into a concise summary. The example also included the company's focus area. In the given text, the company's focus is on K-POP and digital assets. But the user didn't mention including the company's focus unless it's part of the reason. Wait, the example included the company's focus in the second paragraph. However, the transformation rules don't mention that. Let me check the rules again. The rules state: "Provide a brief reason for the price movement, retaining key information." So I need to include the key reasons. The two points are the funding agreement and the Hallyu Con event. But how to present them concisely. Maybe structure it as "announcing a $500 million funding agreement..." and "hosting the Hallyu Con event..." in the same sentence. Let me check the example again. The example had the reason as the subsidiary signing an agreement. So perhaps in this case, the main reason is the funding agreement, and the Hallyu Con event is an additional point. But the user might expect both to be included. Wait, the original text lists two separate points. The example only had one. Should I include both? The user's example output includes the project announcement and then the company's focus. So maybe in this case, the first point is the main reason, and the second is an additional event. But the user might want both to be mentioned as reasons. Alternatively, maybe the Hallyu Con event is a separate event but not the direct reason for the stock movement. However, the user's input includes both points as reasons. The example included the project announcement as the reason. So perhaps here, the main reason is the funding agreement, and the event is an additional factor. So, the headline should mention both reasons. Let me try to combine them: "announcing a $500 million funding agreement with Bitcoin Strategic Reserve KWM LLC to support its Bitcoin digital asset strategy and expand K-POP-related business, and hosting the Hallyu Con event in London on November 22, 2025 to cover the progress of K-pop culture and provide global exposure." But that's a bit long. Maybe shorten it. For example: "announcing a $500 million funding agreement with Bitcoin Strategic Reserve KWM LLC to support its Bitcoin digital asset strategy and expand K-POP-related business, and hosting the Hallyu Con event in London on November 22, 2025." But the example had the reason in the first sentence and the company's focus in the second. So perhaps here, the first part is the reason, and the second part is an additional detail. The user's example output included the project details in the first sentence and the company's focus in the second. So maybe the structure here is similar. Wait, the user's example output had two paragraphs. The first was the headline with the reason, and the second was the company's focus. But the current task is to create a concise news headline. The example's output has two paragraphs, but the user's instruction says "concise news headline." So maybe the user wants a single headline that includes the company name, percentage, time period, and reason. In that case, I need to include both reasons in the headline. Let me try again: "K Wave Media surged 11.41% intraday, announcing a $500 million funding agreement with Bitcoin Strategic Reserve KWM LLC to support its Bitcoin digital asset strategy and expand K-POP-related business, and hosting the Hallyu Con event in London on November 22, 2025 to cover K-pop cultural progress and global exposure." But the example's output had the reason in the first sentence and the company's focus in the second. However, the current task is to create a concise headline, so maybe the second part isn't necessary unless it's part of the reason. The user's example included the company's focus as part of the reason, but in this case.