TAO Synergies acquires $10 million of Bittensor tokens

5 hours ago 1

TAO Synergies (NASDAQ:TAOX) +1.1% Thursday announced that as of July 17, it has acquired 29,899 TAO tokens for a total purchase price of $10 million, at an average price of about $334 per token.
The purchases of TAO are in accordance with the company's digital asset treasury strategy directed toward TAO, the native token for Bittensor.
"Spending on decentralized AI, and TAO in particular, is rising rapidly as investors seek exposure to the next phase of AI infrastructure growth," said James Altucher, digital asset treasury strategist for TAO Synergies.

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