K Wave Media shares surge 27.33% intraday following strategic restructuring, $500M convertible note, and Galaxy Digital partnership.

Wednesday, Nov 26, 2025 9:59 am ET1min read
K Wave Media surged 27.33% intraday following news of strategic restructuring, a $500M convertible note, and a partnership with Galaxy Digital to advance its Bitcoin treasury strategy. The announcement also highlighted founders gifting 10% of shares to reinforce investor alignment. These developments, including significant capital infusion and a high-profile collaboration in the cryptocurrency sector, signaled improved financial flexibility and operational focus, driving immediate bullish sentiment among traders.

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