great investigation into taox and oblong... from the surface, it doesn't look like these companies are the "microstrategies of tao" you were hoping they would be.... fortunately there are a few long-term aligned actors coming to market soon. 🙂
Two Tao treasury names — $OBLG and $TAOX — just filed S-3s to register resale shares. What’s striking? The same two funds are preparing large exits in both. 🧵 A quick breakdown:
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