KaJ Labs announces investment of $160 million to buy Bitcoin

PANews reported on June 26 that according to newsfilecorp, KaJ Labs, a decentralized AI and blockchain research organization, announced last Friday that it will invest $160 million to buy Bitcoin. KaJ Labs said that this strategic Bitcoin reserve will support Imagen's multi-chain operation and serve as a liquidity pillar for upcoming AI modules, community incentives and cross-chain integration; Bitcoin reserves will be used to balance operating costs and provide long-term collateral for IMAGE-backed utility services.

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