Synaptogenix Launches $100M AI Token Treasury Strategy Focused On Bittensor (TAO) With $10M Initial Acquisition Led by Crypto Expert James Altucher
Synaptogenix Inc Ordinary Shares SNPX | 0.00 |
Singular focus on Bittensor (TAO), the leading AI token by
adoption and market capitalization
James Altucher to lead TAO token strategy initiatives
Planned initial acquisition of $10 million in TAO equates to over two times the Company's
current market capitalization; total acquisition target of $100 million
NEW YORK, June 9, 2025 /PRNewswire/ -- Synaptogenix, Inc. (NASDAQ:SNPX) ("Synaptogenix" or the "Company") today announced its launch of a differentiated cryptocurrency treasury strategy focused exclusively on the artificial intelligence (AI) crypto token "TAO," which is currently the top AI token by market capitalization and adoption. Well-known cryptocurrency and AI expert James Altucher will lead a TAO-based revenue generation strategy targeting staking yield and token appreciation.
Synaptogenix plans to acquire $10 million in TAO tokens initially, which amounts to over two times the Company's current market valuation. The Company's strategy is targeted to acquire $100 million of TAO tokens. The initial acquisition will be funded by the Company's significant cash reserves and well-capitalized balance sheet.
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