xTAO Inc. has emerged as the largest public holder of Bittensor tokens, holding 41,538 TAO tokens valued at $16 million. This positions the company centrally within the Bittensor network.
Announcing Token Ownership
xTAO Inc. has publicly announced its ownership of approximately $16 million in Bittensor tokens, claiming the title of the largest holder as of July 31, 2025. This initiative is led by CEO Karia Samaroo.
Funding and Market Impact
xTAO secured $22.8 million from major investors for validator operations, augmenting its stake with over 10,000 additional TAO tokens. Karia Samaroo states: "The TAO treasury gives us immediate economic exposure to Bittensor and the fuel to stand up validators that generate reliable revenue."
Future of Bittensor and xTAO
The accumulation of TAO tokens by xTAO illustrates increased confidence in the Bittensor protocol. Despite this, no significant price shifts are observed in other cryptocurrencies, with the impact focused primarily on TAO tokens.
As xTAO continues to accumulate TAO tokens, this could influence the Bittensor market and encourage other investors to consider similar strategic accumulations.
