K Wave Media Surges to 145th in Daily Rankings with 5.56 Billion Turnover

On June 4, 2025, K Wave Media (KWM) experienced a significant surge in trading volume, with a turnover of 5.56 billion, marking a 64712.67% increase from the previous day. This substantial rise in trading volume placed KWM at the 145th position in the daily stock market rankings. The stock price of KWM also saw a notable increase, rising by 133.33% and marking its fourth consecutive day of gains, with a total increase of 173.17% over the past four days.

K Wave Media's recent surge in stock price can be attributed to its ambitious plan to establish a Bitcoin treasury. The company announced a securities purchase agreement with Bitcoin Strategic Reserve KWM LLC, aiming to raise $500 million through the sale of KWM stock. These funds will be allocated towards Bitcoin reserve activities, working capital, and potential mergers and acquisitions. This strategic move is part of KWM's broader vision to become the "Metaplanet of Korea," drawing inspiration from the Japanese company Metaplanet, which experienced substantial growth in 2024 after creating its own Bitcoin reserve.

Investors have shown enthusiasm for KWM's Bitcoin treasury initiative, driving the stock price higher. The company's proactive approach to integrating Bitcoin into its financial strategy has garnered attention and support from the market, positioning KWM as a forward-thinking player in the digital asset space. As KWM continues to execute its plans, it remains to be seen how this strategic shift will impact its long-term performance and market position.