Interactive strength inc. (nasdaq:trnr) enters into $500 million facility to acquire ai-focused $fet tokens and launch crypto treasury asset strategy

Atw partners and dwf labs invested $55 million in initial closing trnr is expected to have the largest us publicly listed crypto treasury focused on an ai-token trnr enters into technology collaboration with fetch.ai to power its fitness training with ai technology austin, tx / access newswire / june 11, 2025 / interactive strength inc. (nasdaq:trnr), maker of innovative specialty fitness equipment under the clmbr and forme brands and pending acquirer of sportstech and wattbike, 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, a leading ai digital asset developed by fetch.ai. this transaction is expected to result in trnr having the largest publicly-listed crypto treasury focused on an ai-token.
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