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K Wave Media and Galaxy Digital reach strategic partnership to accelerate Bitcoin treasury strategy

On July 22, K Wave Media(NASDAQ: KWM) announced that it has entered into a strategic partnership with digital asset investment company Galaxy Digital(NASDAQ: GLXY). Under the agreement, Galaxy Digital will serve as an asset manager and strategic adviser to KWM and invest in KWM to support the implementation of its Bitcoin treasury strategy and expand access to institutional capital. KWM has received nearly US$1 billion in institutional capital support and has acquired 88 bitcoins.

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