đ Iâm growing even more bullish on $TAO â hereâs why đ
đ„ TAO Synergies just sealed an $11M private placement, issuing 11,000 Series E convertible preferred shares at $1,000 each â convertible at $8/share with five-year warrants at the same strike. đ°
đŒ The round brings in Digital Currency Group (DCG) as a new investor, joining existing backers and advisor James Altucher â a massive signal of rising institutional confidence in the Bittensor ecosystem.
đĄ Proceeds will boost TAO holdings, expand utility subnets, and fuel DeAI growth â bridging public-equity liquidity into on-chain power.
đ More permanent capital now orbits $TAO â competition for productive subnet assets will heat up.