Struggling Exercise Company Bets Its Future on an AI Crypto Token

Struggling Exercise Company Bets Its Future on an AI Crypto Token

As the Bitcoin treasury trend becomes increasingly saturated, a new corporate strategy is emerging: allocating funds to altcoins. The latest company to join this movement is Interactive Strength Inc. (Nasdaq: TRNR), a high-end exercise equipment manufacturer based in Austin, Texas. This morning, the company announced a headline-grabbing move — a “$500 million facility to acquire AI-focused $FET tokens,” according to its press release. The fundin…

Assessing FET's Breakout - Could It Hit $3.30 With $500M Backing? - Data Intelligence

TRNR committed $55 million toward a $500 million fundraise to acquire FET, building the largest AI-token treasury in U.S. markets. Active Addresses rose 15.90% and Exchange Outflows outpaced inflows, supporting a shift toward accumulation over speculation. Interactive Strength (TRNR), a Nasdaq-listed fitness equipment firm, announced plans to raise $500 million to acquire the Artificial Superintelligence Alliance [FET]. With $55 million already …

TRNR to Build U.S.’ Largest AI-Crypto Treasury with $500M in FET Token Purchases - Crypto News Flash

Interactive Strength raised $500M to buy Fetch.ai tokens, aiming to build the largest AI token treasury. TRNR and Fetch.ai will co-develop AI agents to scale personalized fitness services using autonomous automation. Interactive Strength (TRNR) has raised $500 million through a Securities Purchase Agreement, aiming to use the funds solely for acquiring $FET tokens. With this move, the company is expected to build the largest US crypto treasury f…

The Giant Company, Which Announced That It Would Buy Bitcoin (BTC) For The First Time 7 Months Ago, Has Now Announced That It Will Purchase $500 Million Worth of Surprise Altcoin!

The post The Giant Company, Which Announced That It Would Buy Bitcoin (BTC) For The First Time 7 Months Ago, Has Now Announced That It Will Purchase $500 Million Worth of Surprise Altcoin! appeared on BitcoinEthereumNews.com. As Bitcoin adoption continues to increase day by day, many large companies have started purchasing BTC, following in MicroStrategy’s footsteps. At this point, Nasdaq-listed fitness equipment manufacturer Interactive Strengt…

Interactive Strength Launches $500M AI Token Treasury in Landmark Fetch.ai Deal

Interactive Strength Bets Big on AI with $500M Crypto Treasury Nasdaq-listed Interactive Strength (TRNR), the company behind CLMBR and FORME fitness equipment, is making a bold move into the Web3 space. It announced the creation of a $500 million artificial intelligence (AI) cryptocurrency treasury by acquiring Fetch.ai’s native token, FET. The transaction, which is the largest AI token treasury in a listed business, marks the growing convergenc…

Interactive Strength to build $500m FET treasury, partners with Fetch.ai

Interactive Strength Inc., the company behind fitness brands CLMBR and FORME, has announced a new $500 million crypto asset strategy focused on acquiring Fetch.ai’s FET tokens.  The initiative, which includes a $55 million first-round investment from ATW Partners and DWF…