Interactive strength inc. (nasdaq:trnr) closes initial $55 million investment for crypto treasury strategy and begins acquiring $fet

Trnr is expected to have the largest us publicly listed crypto treasury focused on an ai-token trnr began acquiring $fet in the open market over the weekend atw partners and dwf labs invested $55 million in initial closing austin, tx / access newswire / june 16, 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 closed on the initial $55 million investment for its crypto treasury strategy on friday, june 13th and began acquiring $fet tokens in the open market over the weekend, due to crypto's 24/7 trading, through its custodian, bitgo. trnr will continue to acquire $fet in the open market with the remaining net proceeds of the initial funding, and with any net proceeds from additional fundings from the $500 million facility as they are closed.
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