TRNR to Build $500M AI Crypto Treasury

Interactive Strength Inc. (TRNR), a Nasdaq-listed fitness technology company known for CLMBR and FORME, plans to acquire up to $500 million in Fetch.ai’s FET tokens to establish the world’s first AI-driven crypto treasury. The initiative, backed by an initial $55 million from ATW Partners and DWF Labs, aims to make TRNR the largest publicly listed holder of an AI-focused crypto treasury. TRNR will use BitGo for trading and secure custody of its FET holdings. In collaboration with Fetch.ai, the company intends to integrate decentralized AI agents into its fitness ecosystem and develop an AI-powered personal training platform. This move is designed to unlock long-term shareholder value and distinguishes TRNR from other public companies, which typically invest in Bitcoin rather than AI tokens. The announcement highlights expanding interest in AI and Web3 technologies among traditional industries.