DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), a digital asset treasury company, today announced financial results for the second quarter ended June 30, 2025 (“Q2 2025”) and significant progress in its treasury strategy centered on Bittensor's TAO token. With artificial intelligence projected to reach a $1.2 trillion market by 2030, Oblong is pioneering a trea...
DENVER--(BUSINESS WIRE)--Oblong (Nasdaq: OBLG), leading the charge in innovative treasury strategies, today announces it has now invested $8 million in Bittensor ($TAO), fully staked with a trusted main validator. This bold move underscores Oblong's unwavering belief in decentralized and distributed AI as a game-changer, enabling global innovators to build open-source intelligence without centr...
DENVER--(BUSINESS WIRE)--Oblong (Nasdaq:OBLG), dedicated to advancing decentralized artificial intelligence through strategic treasury investments in Bittensor ($TAO), is thrilled to announce the formation of its Advisory Committee, with Siam Kidd appointed as its inaugural member. This milestone underscores Oblong's commitment to building a robust platform for investors seeking exposure to the...
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG, “Oblong” or the “Company”) accelerates High-Yield AI Treasury Strategy With $1.65M TAO Acquisition; Nearly 10,000 Tokens Fully Staked Into Bittensor Network. This brings the Company's total $TAO holdings to 9,963 tokens at an average price of $331 per token, following its initial purchase announced on July 1, 2025. The move reinforces Oblong'...
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), a technology services provider specializing in innovative IT solutions, today announced it has entered into a securities purchase agreement to raise approximately $7.5 million through the sale of 1,989,392 shares of common stock (or common stock equivalents in lieu thereof) at $3.77 per share in a private placemen...
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), today reported financial results for the three months ended March 31, 2025, and provided updates on the Company's business and strategy. "As of March 31, 2025, we're in a very strong financial position with $4.3 million in cash, zero debt, and a fresh $518,000 boost from warrant exercises in April 2025. This war c...
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), announced today that its Board of Directors has authorized a stock buyback program (the “Program”) to repurchase up to $500,000 of the Company's common stock. With approximately 1.1 million shares of common stock outstanding, the Program could enable the Company to repurchase up to approximately 25% of its shares ...
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2024, and provided updates on the Company's business and strategy. “As of December 31, 2024, our financial footing remains strong, with $5.0 million in cash and zero debt. During Q4,...
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