Technology

xTAO Provides Update on TAO Holdings

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GRAND CAYMAN, Cayman Islands, Sept. 25, 2026 /CNW/ — xTAO Inc. (TSXV: XTAO.U) (OTC: XTAIF) (the “Company” or “xTAO”), a publicly traded technology company focused on building infrastructure for Bittensor and its decentralized AI ecosystem, today provided an update on the scale of its current TAO holdings.

xTAO currently holds a total of approximately 63,242 TAO, the native token of the Bittensor network, reinforcing the Company’s position as one of the largest publicly traded holders of TAO, to the Company’s knowledge, based on publicly available information.

The Company reported an annualized staking yield of 8.86% for its validator as of April 23, 2026, according to data from www.taoyield.com. xTAO remains focused on delivering strong validation performance for its delegators and the broader network. Staking yield is variable and depends on validator performance and network conditions.

xTAO’s treasury will continue to play a central role in both expanding its own validator operations and building out infrastructure for growing the broader Bittensor ecosystem. The Company earns staking rewards through its validator operations on the Bittensor network.

About xTAO

xTAO is a technology company building infrastructure for the Bittensor ecosystem. xTAO is committed to advancing Bittensor and decentralized AI through building infrastructure and making strategic investments. xTAO is headquartered in the Cayman Islands and is publicly listed on the TSX Venture Exchange under the ticker “XTAO.U.” Learn more at www.xtao.co.

On Behalf of the Board of Directors of xTAO Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements in this news release include statements regarding the role of the Company’s treasury, the expansion of validator operations and the development of infrastructure for the Bittensor ecosystem. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: Bittensor staking yield and revenue; volatility in the price of TAO; the operational performance and uptime of the Company’s validator infrastructure; the ability of the Company’s validator to operate effectively under changes to the Bittensor protocol; the pace and direction of ongoing development of the Bittensor protocol; technical risks associated with the Bittensor protocol and Yuma Consensus; the evolving cryptocurrency regulatory requirements; reliance on key personnel; lack of operating history; competitive conditions; cybersecurity risks; market price of the common shares of the Company; internal controls; and the potential for technological vulnerabilities within the decentralized AI ecosystem.

Although management of the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.

SOURCE xTAO Inc.

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