TAO Synergies Boosts Bittensor Treasury Holdings, Betting Big on Decentralized AI

Nasdaq-listed TAO Synergies has significantly expanded its Bittensor treasury holdings, further solidifying its digital asset treasury strategy. The company now holds 42,111 TAO tokens, acquired through purchases and generated via staking.

TAO Token Sees Slight Surge

The news has had a positive impact on the TAO token, which has risen by approximately 3% in the past 24 hours to trade around $347. Although the token still faces downside pressure after falling from a high of $700 in December 2024, TAO Synergies’ move marks a significant boost.

Concentrating on Bittensor

In July, the company acquired $10 million worth of TAO tokens as part of its strategy to focus on Bittensor. This latest haul adds to the 29,899 tokens acquired for $334 per token in July.

Accumulating TAO through Purchases and Staking

According to TAO Synergies executive chairman Joshua Silverman, the company intends to continue accumulating TAO through both purchases and staking. “Our TAO-focused crypto strategy is anchored at the intersection of decentralized AI and blockchain. In only two months, TAO Synergies has secured its position as the world’s largest publicly traded digital asset treasury company with a pure-play focus on the Bittensor network and its DeAI protocol. While we continue to accumulate TAO regularly, we are also actively staking on the Bittensor network,” he noted.

Partnership with BitGo

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

Focus on AI-Related Cryptocurrency

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.

xTAO Also Betting Big on Bittensor

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.

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