On July 18, according to PRNewswire, TAO Synergies Inc. (NASDAQ: TAOX) announced that as of July 17, 2025, the company had acquired 29,899 TAO tokens for a total purchase amount of $10 million, with an average price of approximately $334 each. These purchases are in line with the company's digital asset inventory strategy for TAO

.

The company's executive chairman Joshua Silverman said the company will continue to buy TAO tokens as part of its ongoing strategy. The company's confidence in TAO stems from the continued growth

and expansion of expectations for decentralized artificial intelligence.