In a significant move that underscores the growing institutional adoption of Bitcoin, Know Labs, Inc. (NYSE American: KNW) has announced a major Bitcoin treasury strategy starting with the acquisition of 1,000 BTC. This development comes alongside a leadership transition that places former Ripple Chief Risk Officer Greg Kidd at the helm as CEO and Chairman of the Board.
This strategic move follows the recent trend of companies adding Bitcoin to their balance sheets, as highlighted in our recent coverage of UK gold miners converting revenue to BTC. However, Know Labs’ approach represents one of the most substantial commitments to date in 2025.
Strategic Acquisition Details
The transaction structure reveals careful consideration of both shareholder value and Bitcoin integration:
- Purchase price: $0.335 per share
- Bitcoin allocation: 1,000 BTC (approximately $105 million at current prices)
- Market cap: $128 million
- Estimated mNAV multiple: 1.22x
- Bitcoin percentage of total market cap: 82%
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Leadership Transition and Vision
Greg Kidd’s appointment as CEO marks a strategic pivot for Know Labs. His experience in risk management at Ripple positions him well to oversee this significant Bitcoin treasury strategy. The company’s founder, Ron Erickson, will transition to Vice Chairman, ensuring continuity while embracing this new direction.
Market Impact and Analysis
This move comes at a time when Bitcoin has maintained support above $100,000 for an extended period, suggesting strong institutional confidence in the asset. The timing aligns with favorable market and regulatory conditions, potentially setting a precedent for other mid-cap companies considering similar strategies.
Frequently Asked Questions
What is Know Labs’ Bitcoin treasury strategy?
Know Labs is acquiring 1,000 Bitcoin as part of its treasury strategy, representing approximately 82% of its market capitalization.
Who is leading this initiative?
Greg Kidd, former Ripple Chief Risk Officer, will lead the initiative as the new CEO and Chairman of the Board.
How does this compare to other corporate Bitcoin holdings?
Know Labs joins a growing list of 225 companies holding Bitcoin in their treasury, making it one of the more significant acquisitions in recent months.
Looking Ahead
The success of Know Labs’ Bitcoin treasury strategy could serve as a blueprint for other companies considering similar moves. With Bitcoin’s increasing institutional adoption and the growing trend of corporate treasury diversification, this development marks another significant milestone in Bitcoin’s journey toward mainstream financial integration.
