Oblong, Inc. (Nasdaq: OBLG) has acquired an additional $1.65 million in $TAO tokens, the native cryptocurrency of the Bittensor network, bringing its total holdings to 9,963 tokens fully staked into the decentralized AI protocol.
This latest acquisition follows Oblong’s initial $TAO purchase announced on July 1, 2025, bringing the company’s average price per token to $331. The move reinforces Oblong’s ongoing strategic pivot toward decentralized artificial intelligence, a direction first outlined in its announcement on June 6, 2025. This commitment highlights the company’s focus on high-growth assets for investors and its adoption of a long-term investment strategy within the $TAO and Bittensor ecosystem.
By staking all 9,963 tokens within the Bittensor network, Oblong continues to actively support the ecosystem while aiming to enhance its treasury’s performance. Bittensor’s decentralized AI protocol facilitates global collaboration in machine learning.
Peter Holst, CEO of Oblong, stated, “Oblong’s recent $TAO acquisition propels our progressive treasury strategy forward while intensifying our involvement in the Bittensor network, given that $TAO’s groundbreaking AI methodology provides attractive access to a fast-evolving industry. This reflects our intent to pursue a long-term investment horizon in $TAO and Bittensor, positioning Oblong to capitalize on the transformative potential of decentralized AI over the coming years.”
This acquisition marks the second in a series of planned investments in the Bittensor ecosystem. Oblong is continuing to evaluate additional $TAO purchases on a weekly basis. The company is also exploring potential partnerships within the Bittensor ecosystem to develop new technology offerings, further integrating its operational and treasury strategies. Transparent updates on treasury performance, including staking yields and token holdings, are anticipated in Oblong’s Q2 2025 earnings results and at upcoming investor conferences. Beyond its cryptocurrency treasury focus, Oblong continues to provide innovative video collaboration and network solutions, including its patented Mezzanine™ product line and managed services.
