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xTAO Provides Update on TAO Holdings, Becomes Largest Publicly Traded Holder of TAO
xTAO Inc. (TSX-V: XTAO.U) (the “Company” or “xTAO”), a publicly traded technology company focused on building infrastructure for Bittensor and its decentralized AI ecosystem, today announced the scale of its current TAO holdings following its public listing on the TSX Venture Exchange.
xTAO currently holds a total of 41,538 TAO, an amount that now makes it the world’s largest publicly traded holder of the native token of the Bittensor Network. The Company maintains substantial cash reserves, which position it to continue to acquire TAO.
xTAO’s treasury will play a central role in both expanding its own validator operations and building out infrastructure for growing the broader Bittensor ecosystem. The Company is actively staking its TAO holdings to the Bittensor root network, earning an annual yield of approximately 10 percent, although such projections are subject to fluctuations in token price, validator performance and various network dynamics.
“The TAO treasury gives us immediate economic exposure to Bittensor and the fuel to stand up validators that generate reliable revenue,” said xTAO’s CEO, Karia Samaroo. “Our goal is simple: build core infrastructure, earn sustainable cash flow, and compound value alongside the Bittensor network,” said xTAO’s CEO, Karia Samaroo.
With the xTAO Bittensor TAO Holdings, the business boosts validator-based revenue while strengthening its position in decentralised AI.
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