Know Labs (KNW) announced it is introducing a Bitcoin (BTC) treasury strategy. The company will employ Bitcoin holdings as a principal component of its balance sheet. This move, part of an agreement with Goldeneye 1995 LLC, is expected to provide investors with significant economic exposure to this digital asset. The company’s future management stated this approach is expected to generate sustainable growth and long-term shareholder value.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNW:
