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U.S. listed company Oblong spent $1.65 million to increase its holdings in TAO.
BlockBeats reported that on July 1, US-listed company Oblong (OBLG) announced that it spent 1.65 million dollars last week to increase its holdings by 5,025 TAO, with an average purchase price of 328.38 dollars. On June 6, Oblong announced that it raised 7.5 million dollars through a private placement of stock to purchase Bittensor's TAO Token and participate in its Subnet 0 stake program.