CoinWorld News: A South Korean listed company, K Wave Media, has sold its holdings of 88 BTC to repay $6 million in debt, and currently holds a total BTC amount of 0.

BTC3.09%
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MoonlightMarketMaking
· 6h ago
Forced by debt, it's not that I don't want to take it, but that I can't.
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NeonMeltsIceCream
· 6h ago
Listed companies play with coins and eventually their holdings go to zero, we've seen this script too many times.
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Orange-FlavoredBlock
· 6h ago
Cleared out, is this really not bullish on the market outlook or just high pressure to repay debts?
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APeacockSpreadingItsTailLooks
· 6h ago
K Wave's operation serves as a reminder to the market: for enterprises holding coins, liquidity management is more important than yield.
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BridgeSideBanter
· 6h ago
88 BTC exchanged for 6 million bucks; that comes out to an average cost of about 68,000, and it’s not too much of a loss without cutting too much.
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