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On June 25, Safello (NASDAQ: SFL), a regulated cryptocurrency exchange based in Sweden, announced its eighth crypto treasury adjustment, increasing its holdings of $TAO, the native token of the decentralized AI protocol Bittensor.
As part of the reallocation, Safello sold 1 Bitcoin at a price of EUR 91,745 and used the proceeds to acquire approximately 314 $TAO at an average price of EUR 292 per token. The move is part of the company’s long-term strategy to gradually build exposure to $TAO through a dollar-cost averaging approach.
This marks Safello’s third $TAO purchase, following earlier acquisitions in May and June 2025. The company’s crypto treasury now holds approximately 4 BTC and 2,280 $TAO in total.
Safello has been actively managing its digital asset reserves and is among the few publicly listed Nordic crypto firms with a transparent treasury strategy. The company continues to monitor developments in the AI and blockchain sectors as part of its broader treasury management framework.
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