US publicly traded company Oblong invests $1.65 million to boost TAO

BlockBeats News, July 2nd, US-listed company Oblong (OBLG) announced that it spent $1.65 million last week to increase its holdings by 5,025 TAO, with an average buy price of $328.38.

On June 6th, Oblong issued a statement announcing a $7.5 million private placement of shares to purchase Bittensor's TAO tokens and participate in its Subnet 0 staking program.