Odaily Planet Daily News: US-listed company Oblong (OBLG) announced on platform X that it spent 1.65 million dollars last week to increase its holdings of 5,025 TAO, with an average purchase price of 328.38 dollars. Oblong previously announced that it raised 7.5 million dollars through a private stock placement to purchase Bittensor's TAO tokens and participate in its Subnet 0 staking program.