** Shares of medtech firm Know Labs KNW.A rise 226% to $1.66 premarket
** Greg Kidd, a fintech investor, through Goldeneye 1995 LLC, is acquiring a controlling interest in Know Labs
** Know Labs says the purchaser will use 1,000 bitcoin as part of the transaction and will introduce a Bitcoin treasury strategy to provide investors with exposure to the digital asset
** Greg Kidd will become the CEO after the deal closes
** The Bitcoin will represent about 82% of the co's market cap after closing
** Deal expected to close in Q3 2025
** Know Labs founder Ron Erickson will become vice chairman and lead a division continuing the co's medical research
** As of last close, stock down 92.6% YTD
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com;))
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