Reverse Stock Split

American Bitcoin board member Justin Mateen bought 306,981 Class A shares across two trading sessions after the company’s latest quarterly update. The purchases lifted his beneficial ownership to 492,297 shares as investors track the miner’s bitcoin treasury strategy.

K Wave Media has filed a shelf registration to potentially raise up to $250 million as it reshapes its business around AI infrastructure. The Nasdaq-listed Korean media firm has also sold all of its Bitcoin, ending a high-profile treasury plan that once targeted 10,000 BTC.