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Know Labs, Inc. Announces Adopting a Bitcoin Treasury Strategy, Starting with 1,000 Bitcoin

  • Know Labs, Inc. announces adopting a Bitcoin Treasury Strategy, starting with 1,000 Bitcoin by entering into an agreement with Goldeneye 1995 LLC and Ripple's Greg Kidd.
  • Under the agreement, the Buyer will acquire shares of Know Labs' common stock by dividing the total value of 1,000 Bitcoin and a cash amount, designated to pay down debt and provide additional working capital.
  • The Bitcoin will serve as a central element of the Company's treasury strategy, aiming to generate sustainable growth and long-term shareholder value.
  • Partnership with Greg Kidd marks a pivotal next chapter for Know Labs, focusing on research in non-invasive medical technology and Bitcoin's increasing adoption as a treasury reserve asset globally.

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