From Cointelegraph

June 11, 2025 08:13:00 AM:

Interactive Strength (TRNR), a fitness equipment manufacturer, is launching the world’s first AI cryptocurrency treasury, aiming to tap into the growing interest in Web3. The company plans to raise up to $500 million to acquire Fetch.ai (FET) tokens, making it the holder of the largest corporate AI token treasury.

With an initial $55 million investment, Interactive Strength has already begun acquiring FET tokens, partnering with ATW Partners and DWF Labs. CEO Trnet Ward sees AI as a major technological advancement and believes acquiring FET tokens will create long-term value for shareholders.

As the story develops, more information will be added. Stay tuned for updates on this groundbreaking move by Interactive Strength in the cryptocurrency space.

Read more at Cointelegraph: Nasdaq-listed TRNR Raises $500M for FET AI Crypto Treasury