TaoWeave Sells 3,959 TAO at a Loss, Raising Concerns About Future Supply Pressure
TaoWeave, a company that had positioned itself as a long-term holder of Bittensor's TAO token, has sold 3,959.23 TAO to fund its operating expenses and manage liquidity.
The sale generated $1.172 million in cash but resulted in a net realized loss of $114,000, according to TaoWeave's latest filing.
This development is significant because TaoWeave had stated that it would not sell any TAO tokens since its inception in December 2025, and instead focused on accumulating and staking the token.