Oblong, Inc. announced on July 14, 2025, a significant investment of $1.65 million in TAO tokens, the native cryptocurrency of Bittensor. This acquisition brings the company's total TAO holdings to 9,963 tokens, purchased at an average price of $331 per token. This move reinforces Oblong's strategic shift towards decentralized AI.
All 9,963 TAO tokens have been fully staked into the Bittensor network. Staking actively supports the ecosystem and is intended to enhance the company's treasury performance. This investment is part of a series of planned acquisitions in the Bittensor ecosystem.
Oblong is evaluating additional TAO purchases on a weekly basis and exploring partnerships within the Bittensor ecosystem. These partnerships aim to develop new technology offerings, further aligning the company's operational and treasury strategies within the decentralized AI domain.
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