KaJ Labs announced an investment of $160 million to purchase Bitcoin.

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