Bittensor

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Though MicroStrategy was one of the first publicly listed companies to consider buying Bitcoin but with the constantly expanding crypto market, the wave of adoption has now turned towards other crypto. As per the most recent information, xTAO, a company focused on the TAO network has announced on July 30, 2025, that its wallet holds 41,538 TAO.&nbsp;
xTAO now holds 41,538 TAO and counting. Holding TAO is part of our core strategy will be complementary to our validator operations and other infrastructure we’ll be building on Bittensor.Read the press release here:
According to the data from CoinMarketCap, Bittensor (TAO) is now exchanging hands at $373.26 with an increase of roughly 2.00% in the past 24 hours, and market capitalization has reached $3.57 billion with an increase of 2.58%.&nbsp;
Following this announcement, the Chief Executive Officer of xTAO, Karia Samaroo,said, “The TAO treasury gives us immediate economic exposure to Bittensor and the fuel to stand up validators that generate reliable revenue.”&nbsp; 
He added, “Our goal is simple: build core infrastructure, earn sustainable cash flow, and compound value alongside the Bittensor network.”&nbsp; A quick overview of Bittensor (TAO) prices&nbsp; 
According to data from TradingView, <a href="https://news.todayq.com/bittensors-tao-tank-14-following-this-reason/" target="_blank" rel="noopener noreferrer nofollow">Bittensor </a>has lost 11.86% of its price; however, in the monthly time it lost 11.82% of its price, and in a quarter, it lost 4.53%. Yet when writing, TAO is trading below its 20-day, 50-day, 100-day, and 200-day exponential moving averages.&nbsp; Source: CoinMarketCap 
The 4-hour trading chart of Bittensor on Coinbase reflects a broader trend of volatility over recent months, after bottoming out below $200 earlier this year. TAO saw a sharp rally in May, briefly crossing above $650.&nbsp; Source: TradingView 
However, sustained selling pressure has led to a gradual decline, with the token currently trading at $370.31, marking a 1.77% drop in the latest session.
The price now hovers just below the 387.15 short-term moving average, while other key EMAs at $394.01, $402.89, and $404.30 act as overhead resistance.

xTAO hoards 41,538 TAO while Bittensor hovers near $370

Todayq News

Other articles published on Jul 31, 2025

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