🇰🇷 Bitcoin treasury ambitions have come to an abrupt end for K Wave Media. The Nasdaq-listed South Korean company has sold its remaining 88 BTC to repay $6 million in debt, leaving its Bitcoin holdings at zero. Just months ago, the firm announced an ambitious plan to build a 10,000 BTC treasury. Mounting financial pressure, however, forced the company to liquidate its entire Bitcoin position, highlighting the risks companies can face when adopting aggressive Bitcoin treasury strategies.@Binance Square Official $BTC