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🚀 BREAKING: Interactive Strength Inc. Announces $500M Strategic Move into AI-Crypto Treasury
Interactive Strength Inc. (Nasdaq: TRNR), maker of innovative specialty fitness equipment under the CLMBR and FORME brands , today announced that it has entered into a Securities Purchase Agreement to raise up to $500 million, the net proceeds of which are expected to be used exclusively to acquire $FET tokens.
Key Highlights:
✅ $55M Initial Investment: ATW Partners and DWF Labs lead the first closing, fueling immediate $FET token acquisitions.
✅ AI-Powered Fitness Evolution: TRNR partners with Fetch.ai to integrate autonomous AI agents into its fitness platforms (CLMBR, FORME), enabling personalized training and real-time health optimization.
✅ Strategic Vision: TRNR aims to unlock long-term shareholder value by leveraging AI-driven crypto assets, merging fitness innovation with cutting-edge blockchain technology.
Read the full press-release: https://x.com/Fetch_ai/status/1932769797114122280
BY Fetch.ai Announcements
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