Interactive Strength Inc Secures $500M for AI-Token Acquisition

Interactive Strength Inc ( (TRNR) ) just unveiled an update.

On June 10, 2025, Interactive Strength Inc. entered into a Securities Purchase Agreement with ATW Partners and DWF Labs to raise up to $500 million, primarily to acquire $FET tokens developed by Fetch.ai. This transaction is expected to make TRNR the largest publicly listed crypto treasury focused on an AI-token. The initial $55 million investment will be used to purchase $FET tokens, which are integral to Fetch.ai’s AI-driven platform. This strategic move aims to enhance TRNR’s financial flexibility and support its AI and digital fitness ambitions, while also increasing shareholder exposure to next-generation growth assets.

Spark’s Take on TRNR Stock

According to Spark, TipRanks’ AI Analyst, TRNR is a Neutral.

The overall stock score of 41 reflects significant financial risks despite revenue growth. Operating losses, high leverage, and negative cash flow weigh heavily on the company’s outlook. Technical indicators provide little support, and the lack of traditional valuation metrics further limits appeal.

To see Spark’s full report on TRNR stock, click here.

More about Interactive Strength Inc

Interactive Strength Inc., listed on NASDAQ under the symbol TRNR, is a producer of innovative specialty fitness equipment and digital fitness services under the brands CLMBR and FORME. The company is also a pending acquirer of Sportstech and Wattbike. CLMBR offers a vertical climbing machine for full-body workouts, while FORME provides a digital fitness platform with smart gyms and virtual personal training.

Average Trading Volume: 2,319,920

Technical Sentiment Signal: Sell

Current Market Cap: $8.1M

For detailed information about TRNR stock, go to TipRanks’ Stock Analysis page.