NASDAQ-listed company Oblong stakes 8 million USD in Bittensor Token

ChainCatcher

2025-08-07 15:43:44

TAO13,51%

According to ChainCatcher news and reported by The Block, Nasdaq-listed company Oblong has announced that it has staked $8 million worth of Bittensor (TAO) tokens to support the operation of the decentralized AI network. The company transitioned to a decentralized AI reserve strategy in June, focusing on accumulating TAO tokens and raised $8 million through stock warrants financing and public issuance. Data shows that the Bittensor Token is currently priced at 354.67 USD, with a market cap of 3.4 billion USD. Previously, another listed company xTAO held 41,538 TAO, worth 14.7 million USD, becoming the largest public holder of this Token.

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