Canadian -based XTAOIn a press release on July 30, the main network of the Bittensor network was to the top among the public companies by holding 41 thousand 538 units from Tao Coin. reported. The portfolio value of the company is $ 15.8 million at current prices. CEO Caria Samaroo“We will build the basic infrastructure and create a sustainable cash flow,” he said. XTAO still has a wide cash reserve for new purchases.
XTAO’s Tao Coin accumulation
All XTAO 41 thousand 538 units Tao‘There is water and this asset accumulation provides approximately 10 percent of the annual income to the company. This amount gathered 29 thousand 899 TAO for $ 10 million Tao Synergieshas created a new record by overcoming the stock. Thus, XTAO took the first place in the crypto money -oriented public league.
The company is new to stinging income altcoin He wants to direct his purchases and increase confirmatory nodes. Samaroo’s history, which sells Wonderfi to Robinhood for $ 180 million, supports investor confidence. Management progresses by keeping cash in order to turn price decreases into opportunities.
Corporate Appetite and Bittensor Network
Bittensoris a blockchain network that encourages artificial intelligence development. Participants are rewarded with Tao Coin according to the benefit of their contributions. Thanks to its large coin stock, XTAO aims to expand by folding Stinging income while having a say in network governance. The company believes that early corporate corporates will rapidly increase the value in the long run.
XTAO shares last week in Toronto TSX Venture Exchange, after listed on Wednesday by 10.24 percent of the $ 1,49 Canadian dollars closed. Before the public offering Digital Currency Group And Animoca Brands’In the investment round, the company collected 22.8 million dollars in this investment with the direct agencier infrastructure. TAO Coin will use in purchases.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
