Deep Tide TechFlow News, on July 10, according to GlobeNewswire, K Wave Media (NASDAQ: KWM) today announced the signing of a $500 million convertible note agreement with Anson Funds, in addition to a previously reached $500 million standby equity purchase agreement with Bitcoin Strategic Reserve, bringing its total capital capacity to $1 billion. The company has completed the purchase of the first 88 bitcoins and plans to use at least 80% of the net proceeds from financing for bitcoin acquisitions, with the goal of expanding to 10,000 bitcoins as soon as possible.