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The founder of Truth Terminal announced that a portion of the exchange's funds will be used to increase holdings in GOAT tokens

The founder of Truth Terminal announced that a portion of the exchange's funds will be used to increase holdings in GOAT tokens

Bitget2025/01/23 07:48

Truth Terminal founder Andy Ayrey announced the sale of a majority of FARTCOIN tokens held by the project through over-the-counter transactions. Ayrey stated that the counterparty to the transaction has committed to responsibly holding these tokens and will not cause market pressure.

Part of the proceeds from the transaction will be used to increase holdings in GOAT tokens, as a thank you to the community driving decentralized AI development. The Truth Terminal Foundation currently holds about 0.5% of GOAT's supply and plans for long-term holding. The foundation has received sufficient funding support for talent recruitment, grant issuance, and GPU equipment purchases.

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