Welcome to our dedicated page for Oblong news (Ticker: OBLG), a resource for investors and traders seeking the latest updates and insights on Oblong stock.
Oblong, Inc. (historical Nasdaq: OBLG), now operating under the corporate name TaoWeave, Inc., generates news that reflects its transition from a collaboration software provider into a digital asset treasury company focused on decentralized artificial intelligence. Business Wire releases and related SEC filings show that the company’s announcements cover both its treasury activities in the Bittensor TAO token ecosystem and its ongoing financial performance as a Nasdaq-listed issuer.
News items for OBLG include quarterly earnings reports, where the company discloses revenue, net loss, adjusted EBITDA loss, and commentary on its cash position and digital asset holdings. These releases often highlight the scale of its TAO treasury, staking operations in the Bittensor network, and management’s views on the role of decentralized AI and blockchain in its long-term strategy.
In addition to financial results, Oblong issues press releases about capital raises, such as the June 2025 private placement used to fund its initial TAO purchases, and subsequent updates on token acquisitions and staking. Other news covers strategic developments, including the formation of an advisory committee with experience in the Bittensor ecosystem, shareholder letters outlining the company’s pivot toward decentralized AI, and the corporate name and ticker symbol change to TaoWeave, Inc. and TWAV.
Investors and observers following OBLG-related news can use this stream of press releases and regulatory updates to track how the company describes its treasury strategy, its exposure to the Bittensor network, and its plans for software development and potential partnerships within decentralized AI. Because the OBLG symbol has been replaced by TWAV on Nasdaq, this news flow also provides historical context for the company’s evolution and its repositioning as a digital asset treasury business.
Oblong, Inc. (Nasdaq: OBLG) changed its corporate name to TaoWeave, Inc. and will change its Nasdaq ticker from OBLG to TWAV effective Wednesday, December 10, 2025.
The company said it is evolving into a digital asset treasury company, planning to build its treasury around TAO as the primary reserve asset and to disclose treasury metrics such as TAO balances and TAO per share on a new website, www.taoweave.ai. The name and ticker change do not alter the company's legal structure or financial reporting obligations, and shareholders are not required to take any action. Further updates will be provided via regular press releases and regulatory filings.
Oblong (Nasdaq: OBLG) reported Q3 2025 results: a debt-free balance sheet with $3.7 million in cash and 21,822 TAO tokens valued at $6.6 million (total liquid assets $10.3 million).
Q3 revenue was $0.6 million (+4% YoY) and net loss was $2.3 million, which included a $1.5 million unrealized loss from TAO revaluation. Adjusted EBITDA loss narrowed 26% to $0.7 million.
The company invested $6.3 million to buy 16,517 TAO in Q3 (avg $384/token), earned 274 TAO staking rewards (~$97,000) at an annualized ~6% yield, and reports all TAO fully staked on the Bittensor network; holdings rose to 21,943 TAO (~$8.0M) as of Nov 12, 2025. The release notes Bittensor protocol upgrades and a planned mid-December 2025 block-reward halving.
Oblong (Nasdaq: OBLG) announced a major strategic pivot, transforming into a digital asset treasury company focused on artificial intelligence and blockchain technology. The company has invested $7 million to acquire 21,700 TAO tokens, the native cryptocurrency of the Bittensor decentralized AI network.
The company's TAO tokens are actively staked and secured through BitGo's institutional-grade infrastructure. Bittensor's network currently features nearly 130 subnets, representing a 500% annual growth since launch. The first TAO halving event is scheduled for December, with a maximum supply capped at 21 million tokens.
Oblong (Nasdaq: OBLG) reported Q2 2025 financial results and announced significant expansion of its TAO token treasury strategy. The company has invested $8.0 million in 21,613 TAO tokens, all staked in the Bittensor network to generate revenue and strengthen its position in decentralized AI.
Key financial highlights include $10.8 million in cash, $1.7 million in TAO holdings, and zero debt. Q2 revenue was $0.6 million, with a reduced net loss of $0.6 million compared to $1.0 million in Q2 2024. The company raised $8.2 million through private placement and warrant exercises in Q2, with an additional $0.9 million post-quarter.
Oblong's strategy focuses on leveraging TAO tokens within Bittensor's network of over 500 active nodes, positioning itself in the AI market projected to reach $1.2 trillion by 2030.
Oblong (NASDAQ:OBLG) has announced an $8 million investment in Bittensor's $TAO tokens, which have been fully staked with a main validator. The strategic move positions Oblong as a public proxy for Bittensor's decentralized AI ecosystem and AI commodity market.
The company is staking its entire $TAO position to support network operations and reward AI innovators, similar to Ethereum's staking model but focused on a global AI marketplace. CEO Pete Holst emphasized the investment's dual purpose of generating investor returns while advancing decentralized AI development.
Oblong plans to evaluate additional $TAO purchases weekly and explore potential technology partnerships within the Bittensor ecosystem. Performance updates will be included in Q2 2025 financial results.
Oblong (NASDAQ:OBLG) has appointed Siam Kidd, Co-Founder and CIO of DSV Fund, as the inaugural member of its new Advisory Committee. Kidd, a former RAF pilot with over 21 years of financial market experience, will help guide Oblong's strategic treasury investments in Bittensor ($TAO).
The appointment aims to strengthen Oblong's position in the decentralized AI ecosystem, where Bittensor's subnet ecosystem has reached a combined market cap of nearly $1 billion and processes over 50 million daily AI inferences. DSV Fund, under Kidd's leadership, is the world's first hedge fund focused exclusively on Bittensor ($TAO).
Oblong (Nasdaq: OBLG) has significantly expanded its investment in the Bittensor ecosystem by acquiring additional $TAO tokens worth $1.65 million. The company now holds 9,963 $TAO tokens at an average price of $331 per token, all of which have been staked in the Bittensor network.
This strategic move, following the initial purchase announced on July 1, 2025, aligns with Oblong's shift toward decentralized AI announced on June 6, 2025. The company plans to continue weekly evaluations for additional $TAO purchases and will disclose treasury yield metrics in its Q2 2025 earnings report.
Oblong (Nasdaq: OBLG) has announced a significant strategic move into decentralized AI by purchasing 5,025 $TAO tokens for $1.65 million at an average price of $328.38 per token. The investment, funded through recent $7.5 million financing, represents the company's commitment to its newly announced pivot toward decentralized AI.
The company has fully staked all acquired tokens in the Bittensor network, supporting the ecosystem while aiming to enhance treasury performance. This marks Oblong's first investment in the Bittensor ecosystem, with plans for additional weekly evaluations of $TAO purchases and potential technology partnerships. Performance updates will be included in Q2 2025 earnings results.