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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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The publicly listed company Oblong announced that it has spent $1.65 million to increase its holdings in TAO.
Odaily News Oblong (OBLG), a publicly traded company in the U.S., announced on the X platform that it spent $1.65 million last week to acquire 5,025 TAO at an average purchase price of $328.38. Oblong previously announced that it raised $7.5 million through a private stock placement to purchase Bittensor's TAO Token and participate in its Subnet 0 stake program.