TAO Synergies Inc., a digital asset treasury company focused on decentralized artificial intelligence (AI), announced on July 17, 2025, in New York that it has acquired 29,899 Bittensor (TAO) tokens for $10.0 million at an average price of approximately $334 per token. This strategic move positions TAO Synergies as the largest publicly traded pure-play holder of TAO, the native token of Bittensor, a decentralized AI network incentivizing machine intelligence development. The acquisition aligns with the company’s treasury strategy to capitalize on the growth of decentralized AI.
TAO Synergies acquires 29,899 TAO tokens for $10M, averaging $334 per token.
Becomes largest publicly traded pure-play TAO holder globally.
Plans to stake tokens in Bittensor’s decentralized AI network for yield generation.
Decentralized AI offers scalable, open participation vs. centralized models.
Transparent updates on holdings via press releases and SEC filings.
Bittensor’s market cap is $4.09B with TAO at $553.48 as of July 14, 2025.
TAO Synergies’ purchase of 29,899 TAO tokens, announced on July 17, 2025, marks a significant step in its strategy to focus exclusively on Bittensor’s ecosystem, which incentivizes collaborative AI model training through token-based rewards. “We’re pleased with how we’ve positioned our initial $10 million in TAO purchases, having established our holdings at what we believe to be an attractive entry point,” said Executive Chairman Joshua Silverman. The company plans to stake these tokens to generate yield, creating a revenue stream beyond price appreciation. This acquisition follows TAO Synergies’ earlier plan, as Synaptogenix, to acquire up to $100M in TAO tokens, signaling strong confidence in decentralized AI’s growth.
Bittensor’s TAO token powers a decentralized blockchain network for machine learning, challenging centralized AI models dominated by tech giants with costly proprietary systems and limited GPU access. “Decentralized AI and TAO reminds me of the Internet in 1996 or Bitcoin in 2013/2014,” said James Altucher, digital asset treasury strategist for TAO Synergies. With a market cap of $4.09B and a TAO price of $553.48 as of July 14, 2025, Bittensor ranks among top Layer 1 assets, with a 15% price increase in the past week, outperforming the broader crypto market. The network’s Proof of Intelligence (PoI) consensus rewards high-quality AI models, fostering open innovation.
TAO Synergies, formerly Synaptogenix, emphasizes transparency by committing to regular updates on treasury holdings and yields through press releases, events, and SEC 10-Q and 10-K filings. This approach provides traditional investors indirect exposure to Bittensor’s ecosystem without the complexities of direct cryptocurrency custody. The company’s stock (TAOX) rose 1.1% on July 17, 2025, reflecting market optimism about its strategy. Posts on X highlight bullish sentiment, with some predicting TAO could reach $700 if it holds support at $410-$415.
TAO Synergies’ $10M acquisition of TAO tokens establishes it as a leading player in the convergence of cryptocurrency and AI. By leveraging Bittensor’s decentralized AI network, the company aims to capitalize on the sector’s growth while offering investors a publicly traded proxy for TAO exposure. As decentralized AI gains traction, TAO Synergies’ strategic focus and transparent reporting position it to drive significant value in this emerging market.
TAO Synergies Inc. is the first pure-play public company focused on the convergence between cryptocurrency and artificial intelligence. The Company's differentiated cryptocurrency treasury strategy is centered exclusively on the acquisition of TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies Inc. seeks to stake TAO for revenue generation and capital appreciation, a strategy that underscores its mission to create significant value for shareholders.
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