Interactive Strength board approves bitcoin as treasury reserve asset

Interactive Strength (TRNR) announced that the Company’s Board of Directors approved the purchase of up to $5M in Bitcoin as limited by 25% of the Company’s average daily cash holdings over the three preceding calendar months. In addition, the Company plans to accept certain cryptocurrency payments, giving customers the flexibility to purchase its products using digital currencies soon. As part of this initiative, the TRNR Board of Directors has approved to retain these crypto payments in Bitcoin in the same limits as its treasury reserve assets, reflecting the Company’s confidence in the long-term potential and value of digital assets. The allocation reflects a strong commitment to enhancing shareholder value by leveraging Bitcoin’s potential as a hedge against inflation and as a valuable component of a diversified treasury.