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Tao Synergies ( (TAOX) ) has provided an update.
On July 17, 2025, TAO Synergies Inc. announced that it has acquired 29,899 TAO tokens, totaling $10 million, making it the largest publicly traded pure play TAO holder. This strategic move is part of the company’s digital asset treasury strategy, focusing on the growth of decentralized AI, which is gaining traction as a significant portion of AI investment shifts from centralized to decentralized models. The company believes that decentralized AI could eventually surpass centralized AI, offering scalable and open participation through token-based incentives. TAO Synergies plans to continue purchasing TAO tokens to capitalize on the expected growth of decentralized AI.
More about Tao Synergies
TAO Synergies Inc. is a digital asset treasury company that focuses on the intersection of cryptocurrency and artificial intelligence. The company is dedicated to acquiring TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies aims to generate revenue and capital appreciation through staking TAO, aligning with its mission to create significant value for shareholders.
Average Trading Volume: 986,861
Technical Sentiment Signal: Buy
Current Market Cap: $22.58M
Find detailed analytics on TAOX stock on TipRanks’ Stock Analysis page.