A total of 29,899 TAO tokens have been acquired to date.
Tokens are being staked within the decentralized AI network for income generation.
NEW YORK, July 17, 2025 — TAO Synergies Inc. (Nasdaq: TAOX) (referred to as “the Company”), a digital asset management firm specializing in Bittensor (TAO), which is the leading cryptocurrency token for decentralized artificial intelligence (AI), announced today that as of July 17, 2025, it has procured 29,899 TAO tokens. The total acquisition cost was $10.0 million, with an approximate average price of $334 per token. These TAO purchases are in line with the Company’s digital asset treasury plan, which focuses on TAO, the native token of Bittensor, a decentralized AI network designed to stimulate the advancement of machine intelligence.
Globally, TAO Synergies is now the largest publicly traded entity holding exclusively TAO.
“We are pleased with the initial positioning of our $10 million in TAO acquisitions, having established our holdings at what we consider an advantageous entry point relative to current market values. We plan to continue acquiring TAO tokens as part of our ongoing strategy,” stated Executive Chairman Joshua Silverman. “Our strong belief in TAO is fueled by the anticipated ongoing growth and expansion of decentralized AI, which is garnering substantial momentum as a component of overall AI expenditure. We believe that decentralized AI holds the potential to eventually surpass centralized AI.”
“Decentralized AI and TAO remind me of the early days of the Internet in 1996 or Bitcoin in 2013/2014. Decentralized AI is still in its nascent stages, but accelerated growth is expected as participants seek its significant near- and long-term advantages,” commented James Altucher, digital asset treasury strategist for TAO Synergies. “Expenditure on decentralized AI, particularly TAO, is increasing rapidly as investors seek exposure to the next phase of AI infrastructure development.”
Traditional AI is predominantly controlled by major centralized technology corporations and costly proprietary models, while access to GPUs is becoming increasingly expensive and restricted as AI systems become more intricate. In contrast, decentralized AI networks provide scalable, open participation via token-based incentives, attracting a growing share of AI investment capital.
TAO Synergies is committed to offering regular, clear updates on its treasury holdings and yields through press releases, events, and SEC filings such as 10-Q and 10-K.
About TAO Synergies
TAO Synergies Inc. stands as the first publicly listed company singularly focused on the intersection of cryptocurrency and artificial intelligence. The Company’s distinctive cryptocurrency treasury strategy is exclusively centered on the acquisition of TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies Inc. aims to stake TAO for both revenue generation and capital appreciation, a strategy that underscores its objective to create substantial value for shareholders.
Further information is available at .
Forward-Looking Statements
Any declarations in this press release that are not descriptions of historical facts may be considered forward-looking statements. Such forward-looking statements are subject to various risks, uncertainties, and other influences, many of which are beyond the Company’s control. Actual outcomes and the timing of certain events and circumstances may differ materially from those indicated by the forward-looking statements due to these risks and uncertainties. These and other contributing factors are identified and elaborated upon in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements.
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SOURCE TAO Synergies Inc.