TAO Synergies Raises Bittensor (TAO) Holdings to over 54,000 Tokens, Largest Publicly Traded Holder of Top Decentralized AI Cryptocurrency
TAO Synergies Raises Bittensor (TAO) Holdings to over 54,000 Tokens, Largest Publicly Traded Holder of Top Decentralized AI Cryptocurrency |
[20-October-2025] |
NEW YORK, Oct. 20, 2025 /PRNewswire/ -- TAO Synergies Inc. (Nasdaq: TAOX) ("TAO Synergies" or the "Company"), a digital asset treasury company focused on Bittensor (TAO), the premier cryptotoken for decentralized artificial intelligence (DeAI), today announced that through acquisition and staking, the Company's total TAO holdings have increased to 54,058 tokens. This further solidifies TAO Synergies' position as the largest publicly traded pure-play holder of Bittensor (TAO), the groundbreaking protocol powering decentralized AI innovation. TAO Synergies continues to execute on its mission to democratize access to decentralized AI for retail and institutional investors alike, while capturing long-term value in the rapidly expanding decentralized AI sector. A recent private placement, backed by key investors including DCG and TAO Synergies' Digital Strategy Advisor James Altucher, raised $11 million in capital that has not yet been deployed. "Bittensor represents the future of open, incentive-driven AI, and we're committed to leading the charge as the go-to public vehicle for exposure to this transformative ecosystem," said Altucher, a bestselling author and serial entrepreneur. "By scaling our TAO holdings to over 54,000 tokens, we're not only holding a crypto asset, we're also staking our claim in a network that's redefining entrepreneurship and innovation. TAO stands as an entrepreneurship token that allows good ideas to merge with valuable incentives, creating amazing products within a platform every entrepreneur should use." "We believe the Bittensor subnets are infinitely scalable companies, and with AI on track to contribute $15.7 trillion to global gross domestic product (GDP) by 2030 according to PricewaterhouseCoopers (PWC), we believe TAO is profoundly undervalued," Altucher added. "This positions our shareholders to benefit directly from TAO's growth as decentralized AI captures a significant slice of the AI market." TAO Synergies' latest move comes amid surging interest in Bittensor, with TAO recently climbing into the top six trending cryptocurrencies on CoinMarketCap, underscoring its resilience and momentum even in volatile markets. TAO Synergies remains dedicated to educating the community through initiatives like The TAO Daily and The TAO Pod, co-hosted by Altucher, to bridge the gap between complex decentralized AI concepts and accessible investment opportunities. About TAO Synergies Inc. Forward-Looking Statements Investor Contact:
SOURCE TAO Synergies Inc. | ||
Company Codes: NASDAQ:TAOX,NASDAQ-NMS:TAOX |