Nasdaq once again issues a delisting notice to Bitcoin Treasury Company K Wave Media

GateNews
BTC-0,46%

PANews January 24th News, according to Globenewswire, Nasdaq has once again issued a delisting notice to K Wave Media, a K-Pop media company adopting the Bitcoin treasury strategy. This time, the delisting is due to the company’s market value not meeting Nasdaq’s minimum market value requirement (MVLS). Nasdaq requires it to maintain a market value of at least $50 million for 10 consecutive trading days before June 2026; otherwise, it will not be able to continue listing on the Nasdaq Global Market. Earlier reports indicated that K Wave Media received $1 billion in capital to support its Bitcoin treasury strategy. This year, after its stock price remained below $1 for 30 consecutive trading days, Nasdaq issued a delisting notice, requiring the company to raise its stock price above $1 and maintain it for 10 consecutive trading days before July 6, 2026, to avoid delisting.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Santiment Alert: BTC profit-loss ratio hits 2.95, the top signal is approaching

Based on Santiment data, Bitcoin’s profit-to-loss trade ratio has reached 2.95:1, nearing the historical alert level of 3.0, which may signal a short-term price top. A high profit-to-loss ratio also reflects optimistic market sentiment, but it can also build up selling pressure. Historical cases show that a profit-to-loss ratio near 3.0 does not necessarily lead to a pullback; the market needs to combine multiple indicators for a comprehensive analysis.

MarketWhisper11m ago

A whale moved 300 BTC to a certain CEX about half an hour ago, incurring a loss of roughly $8.82 million

Gate News message, April 7, according to crypto analyst Yu Jin, a whale address transferred 300 BTC into a certain CEX about half an hour ago, worth approximately $20.6 million. That address previously, from January to March last year, bought a total of 510 BTC through a certain CEX at an average price of about $98,190, for a total cost of approximately $50.07 million. The 300 BTC transferred out this time corresponds to realized losses of approximately $8.82 million.

GateNews11m ago

Bitcoin may hit $110K as Strategy absorbs nearly 3x new BTC supply

Bitcoin (BTC) is trading within a bear flag pattern that projects a breakdown toward the sub-$50,000 area, or roughly 30% below current levels. However, Michael Saylor’s Strategy could spoil the bears’ plans. _BTC/USD three-day price chart. Source: __TradingView_ Key takeaways: Bitcoin has

Cointelegraph26m ago

Metaplanet 豪擲 4.05 億,超越 Strategy 奪 BTC 週買冠軍

Japan-listed company Metaplanet this week purchased 5,075 BTC for $405 million, becoming the world’s largest BTC buyer in a single week, surpassing Strategy’s $330 million. Metaplanet faces new JPX regulatory pressure, and the CEO said it will work with regulatory authorities. The total amount of BTC held by globally listed companies is 1,033,280 BTC.

MarketWhisper1h ago

“First set 10 big goals,” then add 270.37 BTC; currently, you’re up about $2.28M.

Gate News message, April 7, according to crypto analyst Ai Yi monitoring, a well-known whale address "set 10 large targets first" increased its position by 270.37 BTC at the $69,574.7 level during the market downturn. At present, this address’s BTC long position holdings total 2,520.52 BTC, with a total value of about $170 million, and an average entry price of $67,449.12, with an unrealized profit of about $2.28M.

GateNews1h ago
Comment
0/400
No comments