Metaplanet Q2 acquired 2823 BTC, KWAV completely liquidated its Bitcoin holdings and fully shifted to AI

According to BBX data, yesterday, publicly listed companies in multiple countries around the world experienced extreme differentiation in their digital asset treasury strategies, with some engaging in "hardcore accumulation" and others opting for "complete liquidation." The latest movements in real asset balance sheet adjustments are as follows:

• Metaplanet spent $220 million to aggressively accumulate: Metaplanet Inc. (TSE: $3350) officially submitted documents to the Tokyo Stock Exchange yesterday, revealing that the company purchased a total of 2,823 bitcoins in the second quarter of 2026, paying approximately 3.589 billion yen (about $22.3 million), with an average price of about $78,835 per coin. This accumulation increased the company's total bitcoin holdings to 43,000 coins, with a total cost of approximately 659.26 billion yen (about $4.08 billion). CoinDesk confirmed on the same day that it recorded "bitcoin revenue generation" revenue in Q2, but due to a decline in coin prices, it dropped about 41% compared to the previous quarter.

• KWAV strategically reversed and completely liquidated: K Wave Media (NASDAQ: $KWAV) submitted a suspended registration document to the SEC on June 30, indicating that the company has completely exited the previously high-profile bitcoin treasury plan, liquidating all its bitcoin holdings. The company plans to redirect the maximum $250 million originally intended for purchasing bitcoins entirely towards AI data centers and GPU computing infrastructure. Along with the liquidation, K Wave Media announced plans to change its name to Talivar Technologies, fully abandoning the label that was once seen by the market as Asia's "bitcoin follower." Due to the significant drop in bitcoin from its peak of $126,000, which triggered a chain reaction, the company is currently considering executing a reverse stock split to meet Nasdaq's minimum listing maintenance requirements, hastily entering the capital-intensive AI sector.