Nasdaq has once again issued a delisting notice to K Wave Media, the K-Pop media company employing a Bitcoin vault strategy. This time, the company's market capitalization (MVLS) failed to meet Nasdaq's minimum market capitalization requirement. Nasdaq requires K Wave Media to maintain a market capitalization of $50 million or more for 10 consecutive trading days by June 2026, or it will be unable to continue listing on the Nasdaq Global Market. Previously, K Wave Media secured $1 billion in capital to support its Bitcoin vault strategy. This year, it received a delisting notice from Nasdaq after its stock price remained below $1 for 30 consecutive trading days, requiring the company to raise its stock price to above $1 by July 6, 2026, and maintain that level for 10 consecutive trading days to avoid delisting.