TAO Synergies get 42,111 Bittensor Tokens after $10M Buy-In
TAO Synergies, wey be Nasdaq-listed digital asset vault wey before dem dey call Synaptogenix, don build im treasury wey get 42,111 TAO-token for di Bittensor network through buying and active staking. For July, TAO Synergies put $10 million buy 29,899 TAO at average price of $334 per token, make their position strong as di biggest publicly traded Bittensor treasury. With support from BitGo custody and staking infrastructure, di company go continue dey accumulate TAO to boost staking revenue and make network security strong. Bittensor market capitalization dey near $3.3 billion and TAO dey trade around $345, TAO Synergies dey aim to push token appreciation and shareholder value. Another big holder, xTAO, get 41,538 TAO for July, which show say institutional interest for decentralized AI assets dey grow.
Bullish
TAO Synergies big big buy and staking of 42,111 TAO tokens dey show say demand strong and confidence dey for Bittensor network, e dey push price go higher for short time as supply tight. The connection with BitGo for custody and staking infrastructure dey make market liquidity better plus increase trust for institutions, e fit make traders feel better. For long term, making more and more am go strengthen the network security and generate steady staking revenue, e go support TAO’s value. Together with more institutions wey dey interested for decentralized AI assets, all these factors together dey support good future for TAO token.