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Eightco (NASDAQ: ORBS) Secures $125M in Institutional Commitments Led by Bitmine (NYSE: BMNR), Cathie Wood's ARK Invest, and Payward to Expand into Next Generation Technology
ORBS makes strategic investments in category-defining companies, including OpenAI and Beast IndustriesTom Lee, Chairman of Bitmine (NYSE: BMNR), joins board
About this update from Eightco Holdings Inc.
[{"type":"text","content":"ORBS makes strategic investments in category-defining companies, including OpenAI and Beast IndustriesTom Lee, Chairman of Bitmine (NYSE: BMNR), joins board of directors to support ORBS' long-term investment strategyARK Invest joins ORBS as a partner, providing strategic advisory and private market intelligence; commits $25 million to ORBS Brett Winton, Chief Futurist at ARK Invest, will join as an advisor to ORBS' BoardPayward, the parent company of global crypto platform Kraken, commits $25 million to ORBSThe Company is supported by a group of strategic and institutional investors including: Bitmine Immersion Technologies (BMNR), MOZAYYX, ARK Invest, Payward, World Foundation, Coinfund, Discovery Capital Management, FalconX, Pantera, GSR, and moreEASTON, Pa., March 12, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) (\"ORBS\" or the \"Company\") today announced $125 million in new funding commitments led by $75 million from Bitmine (NYSE: BMNR) with a commitment of at least $25 million from ARK Invest. Payward, the parent company of global crypto platform Kraken, has also committed $25 million to ORBS. The capital supports ORBS' expansion into investing in technology shaping the next generation of artificial intelligence, blockchain infrastructure, and global digital consumer platforms.\n \n \n \n \n \n \n \nORBS also announced closing its initial strategic investments of $50 million in OpenAI and $25 million in MrBeast and Beast Industries. These investments position ORBS as a hub at the center of key frontier AI technologies and content creation, expanding its portfolio to include ownership stakes in world-leading innovators. The company continues to hold Worldcoin, co-founded by Sam Altman, and Ethereum as a long-term believer in the ERC-20 protocol.The company has appointed Tom Lee, Chairman of Bitmine, to join ORBS' Board of Directors. Brett Winton, Chief Futurist at ARK Invest, will serve as an advisor to the Board of ORBS. Dan Ives will step down as Chairman of ORBS.\"Bitmine invested in ORBS as we believe this company sits at the center of some of the most important future needs and developments for AI,\" said Tom Lee, Chairman of Bitmine and newly appointed independent director of ORBS. \"To me, there is tremendous synergy between Proof of Human (Worldcoin), the OpenAI foundational models, and connectivity t...