Interactive Strength announced plans to raise up to $500 million through a securities purchase agreement to acquire Fetch.ai tokens for its corporate treasury strategy

Event date

June 11, 2025

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Fitness-equipment manufacturer Interactive Strength (TRNR) said it entered into a securities purchase agreement to raise as much as $500 million for buying Fetch.ai's token as a crypto treasury strategy.

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.

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Week 24 of 2025