A series of cyclic oligomers consisting of 10‐mesitylanthracene‐1,8‐diyl units and diacetylene linkers were synthesized as soluble π‐conjugated compounds. Macrocyclic frameworks from dimer to octamer except heptamer were constructed from 1,8‐diethynylanthracene derivatives by iterative coupling reactions. The rigid structure of the dimer, the strained structures of the trimer and the pentamer, and the belt‐shaped structures of the other even‐numbered oligomers were revealed by X‐ray analysis and DFT calculations. The dynamic behavior of the cyclic oligomers was analyzed by observing variable‐temperature 1H NMR spectra. The UV/Vis and fluorescence spectra of these emissive cyclic compounds are discussed on the basis of the molecular structures.