New York, May 25, 2026, 12:03 EDT
- TAOX ended Friday at $4.53, slipping 4.03%. Nasdaq stays shut Monday for Memorial Day.
- The stock dropped roughly 13% last week, using Friday’s closing numbers.
- Bittensor’s TAO token hovered around $278 Monday. The company’s chief exposure remains active as U.S. shares stay on the sidelines.
TAO Synergies Inc. shares start the abbreviated trading week still down, after a selloff, with the Nasdaq shut Monday for Memorial Day. The stock is set to open Tuesday, as the company’s main crypto-linked assets remain active. Nasdaq marks Memorial Day, May 25, as a holiday closure, keeping normal hours of 9:30 a.m. to 4 p.m. Eastern Time on usual days.
That’s a bigger deal than it is for most small-caps. TAO Synergies is now built around the Bittensor TAO token, so the shares are more than just a claim on corporate assets. They act as a loose stand-in for the TAO token, which keeps trading during the holiday.
TAOX dropped 19 cents to end Friday at $4.53, off 4.03%. Shares moved between $4.28 and $4.85. About 127,000 shares traded. Last Friday, the stock closed at $5.22, so it fell about 13.2% for the week.
Bittensor’s TAO token traded near $278 Monday, gaining roughly 1% in the past 24 hours and climbing more than 8% over the last week on CoinGecko. TAO is the main token for Bittensor, a blockchain that runs machine-learning operations. “Native” here means it’s the internal token for the network. CoinGecko
TAO Synergies pointed to its big position in TAO tokens in its latest quarterly filing. As of March 31, the company held 82,210 TAO tokens, carrying a fair value of about $25.2 million. It also logged a $6.8 million unrealized gain on digital assets—so a gain on paper, not cash, since it hasn’t sold the tokens.
TAO Synergies brought in $388,774 last quarter from staking TAO, according to the filing. Staking is when token holders lock up their tokens to help a blockchain and get rewarded with more tokens. The company reported holding around 82,780 TAO tokens, put at about $24.8 million in market value as of May 13.
Insider activity turned up last week. A Form 4 filed with the SEC shows Executive Chairman Joshua Silverman picked up 200,000 stock options with a $4.80 exercise price. The options vest after one year of service beginning May 18, 2026. These options give Silverman the right to buy shares at that fixed price.
The company is calling the strategy intentional. In an August filing, Silverman described the TAO-focused plan as “anchored at the intersection of decentralized AI and blockchain.” James Altucher, the digital asset treasury strategist, compared it to the early Internet. “Think of the Internet before 1993,” he said.
Back when the company revealed $10 million in TAO buys, Silverman said, “We will continue to purchase TAO tokens as part of our ongoing strategy.” That July statement showed TAO Synergies picked up 29,899 TAO tokens at an average price near $334 per token. PR Newswire
Crypto-related stocks slid Friday, with Barron’s reporting that Coinbase fell 3.8%, Robinhood lost 2.7%, and Strategy ended down 2.6%. TAO Synergies trades much smaller than these. The company focuses on Bittensor’s TAO, not bitcoin trends or exchange activity.
But it can work against them. TAO Synergies flagged in its filing that swings in digital-asset prices, volatility in its stock, and capital-raising challenges are risks. The company said it expects to need more capital to keep up its TAO treasury strategy. Any new equity deal could dilute existing holders, so their stake would shrink.
TAOX’s reopening print on Tuesday and TAO token trading before then are in focus for the week. TAO’s holiday gain could give the stock support. But if crypto-linked shares keep falling, the company’s heavy exposure leaves it exposed.
