#TAOTrading $TAO
Here’s your latest update on TAO (Bittensor) for today, August 9,2025:
---
Major Developments
Oblong Inc. (Nasdaq: OBLG) has made a bold move by staking $8 million in $TAO , committing the entire position through a top validator. This signals a strategic pivot to decentralized AI assets and strengthens Oblong’s positioning in the AI-crypto space.
Tao Synergies Inc. also entered the spotlight, with its shares rising 4.5% pre-market after announcing it had accumulated 42,111 TAO tokens for its digital asset treasury strategy, reflecting growing institutional interest.
---
Summary & Insight
Institutional players are doubling down on TAO, with both Oblong and Tao Synergies making sizable allocations—one directly staking and the other building treasury exposure.
TAO’s price today is around $375, with volatility in the intraday range between $355–$378 (as shown in the widget above). This places it near a critical support zone, though no immediate tech analysis signals were reported today.