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TAO Synergies Inc. (TAOX) announced it has accumulated 42,111 Bittensor (TAO) tokens as of August 5, 2025, as part of its digital asset treasury strategy focused on decentralized artificial intelligence.
The company describes itself as the largest publicly traded digital asset treasury company with a focus on the Bittensor network. TAO Synergies has been acquiring and staking TAO tokens, which are the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and artificial intelligence.
"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," said Executive Chairman Joshua Silverman in the company’s press release statement.
The company’s strategy involves both regular accumulation of TAO tokens and active staking on the Bittensor network for revenue generation and potential capital appreciation. TAO Synergies positions itself as the first pure-play public company focused on the intersection of cryptocurrency and artificial intelligence.
James Altucher, digital asset treasury strategist for TAO Synergies, compared decentralized AI to the early days of internet protocol development, suggesting similar transformative potential across multiple industries.
The announcement comes approximately two months after the company began implementing its TAO-focused cryptocurrency treasury strategy. The company seeks to create shareholder value through its concentrated approach to the Bittensor ecosystem.