On July 22, K Wave Media (NASDAQ: KWM) announced a strategic partnership with digital asset investment company Galaxy Digital (NASDAQ: GLXY). Under the agreement, Galaxy Digital will act as KWM's asset manager and strategic advisor, and invest in KWM to support the implementation of its Bitcoin treasury strategy and expand institutional capital access. KWM has received close to $1 billion in institutional capital support and has acquired 88 bitcoins.