Nasdaq-listed Oblong has fully staked its $8 million investment in Bittensor (TAO) tokens to support network operations and drive its decentralized AI treasury strategy initiated in June.
In an official press release, Nasdaq-listed Oblong confirmed it has staked its entire $8 million investment in Bittensor (TAO) tokens to support network operations and incentivize AI innovators. This move aligns with its shift towards a decentralized AI treasury strategy initiated in June following a $7.5 million stock subscription. Additionally, entities such as xTAO and TAO Synergies have made significant TAO purchases, while Bittensor is currently trading at $354.67 with a market cap of approximately $3.4 billion.