Interactive Strength Inc. (NASDAQ:TRNR) announced on June 11, 2025, its plans to raise up to $500 million to acquire Fetch.AI's FET tokens. The company has already secured $55 million in new capital for initial token purchases.
This ambitious digital asset treasury strategy aims to position TRNR with potentially the largest US publicly listed crypto treasury focused on an AI-token. The company views asset appreciation of the FET tokens as a future source of non-dilutive funding.
This initiative places TRNR at the intersection of fitness and artificial intelligence, representing a bold and innovative financial strategy to diversify its assets and potentially enhance its capital structure.
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