K Wave Media Ltd. (NASDAQ: KWM) has announced a significant financial move by securing a $500 million convertible note agreement with Anson Funds. This strategic initiative aims to bolster the company's Bitcoin treasury model, with a minimum of 80% of the net proceeds directed towards purchasing Bitcoin. The first tranche involves the issuance of $15 million in senior secured convertible notes and warrants to Anson Investments Master Fund, LP, and Anson East Master Fund LP. K Wave Media is set to leverage this financing to pursue one of the most ambitious corporate Bitcoin accumulation strategies globally, with a target of amassing 10,000 Bitcoin. This agreement is part of a larger $1 billion capital capacity plan, which includes a $500 million Standby Equity Purchase Agreement with Bitcoin Strategic Reserve. The company has already initiated its Bitcoin acquisition with the purchase of 88 BTC, a figure symbolizing fortune and success in Asian culture.