xTAO, a company focusing on the TAO network, announced the holding of 41,538 TAO as part of its strategic development plan.
Growth of xTAO's Assets
On July 30, 2025, xTAO stated that it holds 41,538 TAO, emphasizing that this is part of their core strategy, which will be complemented by validator operations and other infrastructure on Bittensor.
Overview of Bittensor (TAO) Market
According to CoinMarketCap data, Bittensor (TAO) is currently trading at $373.26, showing a 2.00% increase in the last 24 hours. Its market capitalization has reached $3.57 billion, increasing by 2.58%.
Comments from xTAO's Management
xTAO's CEO, Karia Samaroo, commented: “The TAO treasury gives us immediate economic exposure to Bittensor and the fuel to stand up validators that generate reliable revenue.” He also noted that the company's goal is to build core infrastructure, earn sustainable cash flow, and compound value alongside the Bittensor network.
xTAO's announcement regarding its TAO holdings could significantly impact its future operations and infrastructure development within the Bittensor ecosystem.
