US-listed company Oblong spends $1.65 million to increase its holdings in TAO
2025/07/01 16:10According to Jinse Finance, US-listed company Oblong (OBLG) announced that it spent $1.65 million last week to acquire an additional 5,025 TAO tokens, with an average purchase price of $328.38 per token. On June 6, Oblong issued a statement saying it had raised $7.5 million through a private stock placement to purchase Bittensor’s TAO tokens and participate in its Subnet 0 staking program.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.
The National Bank of Kazakhstan (NBK) is considering investing up to $300 million in crypto assets.