Interactive Strength operates as a Nasdaq-listed fitness equipment manufacturer based in Austin, Texas, trading under the ticker symbol TRNR

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The latest company to join this movement is Interactive Strength Inc. (Nasdaq: TRNR), a high-end exercise equipment manufacturer based in Austin, Texas.

U.S.-listed fitness equipment manufacturer Interactive Strength (TRNR) announced today that it plans to raise up to $500 million in a securities purchase agreement, with the proceeds intended for the purchase of Fetch.ai's FET cryptocurrency.