Kwave Media sells entire 88 BTC holding to repay debt

Kwave Media (Nasdaq: KWM), a South Korean entertainment company listed on the U.S. Nasdaq, has sold its entire holding of approximately 88 BTC, according to BitcoinTreasuries.net. The sale was aimed at securing liquidity and repaying $6 million in debt. The move follows the company's declaration in May 2026 that it was abandoning its strategic Bitcoin accumulation plan, which it had announced last year.