It appears that everyone is following MicroStrategy’s move to stack as many of these future infrastructure coins as possible. Among them, TAO Crypto stands out with the smallest market cap. Now, TAO Synergies has made a bold move, buying $10 million worth of Bittensor ($TAO), becoming the largest publicly traded holder of the token.
The TAO chart’s been primed for a breakout. It just needs to break through a couple of resistance levels before it’s a clear path to $700.
When people in the future realize they had years to buy $TAO under $1,000..
They're going to be sick to their stomachs pic.twitter.com/awJWFQ2Rjh
— ＤＲＥＡＤ ＢＯＮＧＯ (@DreadBong0) July 17, 2025
Proxy Stock For Tao (Bittensor) Crypto Ecosystem
TAO Synergies (TAOX) made a power move, acquiring up to $10 million in Bittensor (TAO), buying 29,899 tokens at an average price of $334 each. This makes them the largest publicly traded pure-play TAO holder, effectively becoming a proxy stock for exposure to the Bittensor ecosystem.
The company’s strategy is built on the anticipated growth of decentralized AI versus centralized models. Their stock (TAOX) has shot up over 120% in just a month, rising from $4.00 to over $9.00 following the news.
Chart Suggests Higher Soon For Tao
Looking at the chart, the price was kind of stable for the first part of the month, bouncing around a bit with no major moves. But then, around the 12th, things started pumping again; TAO shot up from about 380 to 420 USDT by the 16th.
It was a nice little bull run, but now it’s pulling back a bit, dropping to 416.6 USDT. So basically, it’s had a solid pump, but now it’s taking a breather. It could be a good time to watch how the market plays out.
A visit to the 410-415 levels is possible; holding this support will confirm the bullish continuation and reprice the token higher soon.
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Key Takeaways
- TAO Synergies becomes the largest holder of Bittensor ($TAO), boosting $TAOX stock by 120%.
- TAO’s chart suggests a potential bullish continuation if it holds support around $410-$415.
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