A Most Delightful Acquisition: One Firm’s Modest Hoard of TAO Tokens Sparks Considerable Interest

It is a truth universally acknowledged, that a public firm in possession of considerable means must be in want of… more tokens! Thus, xTAO, that most ardent of Bittensor enthusiasts, has boldly declared itself the premier public custodian of TAO tokens, having amassed a veritable treasure of 41,538 TAO (worth a trifling $15.8 million). This surpasses the humble stash of TAO Synergies (TAOX), which had previously declared their own impressive, though admittedly less so, holdings of 29,899 TAO tokens, valued at $10 million. One might call it a rivalry, though we suspect the market would call it “basic arithmetic.” 🚀

But lo! xTAO, ever the picture of fiscal restraint, assures us they have “significant cash reserves” for further indulgences in TAO purchases. How romantic! Their unwavering confidence in the Bittensor network is as touching as it is… strategically timed. One can only wonder what schemes and intrigues shall unfold in this most modern of marketplaces. 😉

Read More

2025-07-31 11:53