Nasdaq-listed TAO Synergies has added significantly to its Bittensor treasury holdings as it strengthens its digital asset treasury strategy. TAO Synergies, one of the largest publicly-traded holder of Bittensor (TAO) as a treasury asset, announced that it currently holds 42,111…Nasdaq-listed TAO Synergies has added significantly to its Bittensor treasury holdings as it strengthens its digital asset treasury strategy. TAO Synergies, one of the largest publicly-traded holder of Bittensor (TAO) as a treasury asset, announced that it currently holds 42,111…

TAO Synergies ramps up Bittensor holdings, now holds over 42,000 TAO

Nasdaq-listed TAO Synergies has added significantly to its Bittensor treasury holdings as it strengthens its digital asset treasury strategy.

Summary
  • TAO Synergies holds 42,111 TAO and acquired $10 million worth of the Bittensor token in July.
  • Bittensor is a decentralized artificial intelligence project, currently with a market cap of $3.3 billion.

TAO Synergies, one of the largest publicly-traded holder of Bittensor (TAO) as a treasury asset, announced that it currently holds 42,111 TAO tokens. The number represents tokens the company has acquired and generated via staking.

Bittensor has surged slightly amid the news, with TAO rising by about 3% in the past 24 hours to trade around $347. 

While downside pressure remains after the native token of the decentralized artificial intelligence platform fell from a high of $700 in December 2024, TAO Synergies’ move marks a significant boost. The company acquired $10 million worth of TAO in July as part of its strategy to concentrate on Bittensor.

Betting on decentralized AI

The latest haul of Bittensor tokens adds to the 29,899 the company acquired for $334 per token in July.

In a statement, TAO Synergies executive chairman Joshua Silverman said the company intends to continue accumulating TAO through both purchases and staking.

TAO Synergies has partnered with BitGo to utilize its infrastructure for the custody, staking, and trading of its TAO holdings.

The company’s focus on the AI-related cryptocurrency began in late June, when it rebranded from Synaptogenix. It announced its TAO staking initiative on June 30, 2025, aiming to generate revenue while supporting the Bittensor network’s security and decentralization.

Another company betting big on Bittensor amid the surge in interest across decentralized AI is xTAO, which disclosed in July that it held 41,538 TAO tokens.

Market Opportunity
Bittensor Logo
Bittensor Price(TAO)
$287.19
$287.19$287.19
+0.31%
USD
Bittensor (TAO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

VivoPower To Load Up On XRP At 65% Discount: Here’s How

VivoPower To Load Up On XRP At 65% Discount: Here’s How

VivoPower International, a Nasdaq-listed B-Corp now pivoting to an XRP-centric treasury, said on September 16 it has structured its mining and treasury operations so that it can acquire the token “at up to a 65% discount” to prevailing market prices—by mining other proof-of-work assets and swapping those mined tokens. VivoPower Doubles Down On XRP The […]
Share
Bitcoinist2025/09/18 10:00
WIF price reclaims 200-day moving average

WIF price reclaims 200-day moving average

WIF (WIF) price is entering a critical technical phase as price action reclaims the 200-day moving average, a level that often separates bearish control from bullish
Share
Crypto.news2026/01/13 23:44
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37