Listed company Oblong announces it has pledged 8 million USD in Bittensor (TAO) tokens
2025-08-07 21:49:30
Nasdaq-listed Oblong announced that it has pledged $8 million worth of Bittensor (TAO) tokens to support network operations and inspire AI innovators. Oblong has shifted to a "decentralized AI treasury" strategy since June, focusing on accumulating TAOs. The company previously raised $7.50 million through stock subscriptions to advance the strategy. In addition to Oblong, companies such as xTAO and TAO Synergies have also recently purchased and held large amounts of TAO.
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