Business

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $437 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $437 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

articleEightco Holdings Inc.June 4, 20264/news/eightco-holdings-nasdaq-orbs-reports-total-holdings-of-approximately-dollar437-million-includes-openai-beast-industries-more-than-16000-eth-and-over-283-million-wld-tokens
Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $437 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

About this update from Eightco Holdings Inc.

Eightco treasury composition as of June 3, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $142M cash and equivalents, totaling approximately $437 millionWorld offers a solution to the 'double human' problem in a world proliferating with deepfakes Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast IndustriesEASTON, Pa., June 4, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its growing position across digital assets and strategic investments in leading private technology companies. As of June 3, 2026, at 6:00 p.m. ET, ORBS' holdings include a $90 million investment (indirectly, through SPVs) in OpenAI, an $18 million funded investment in Beast Industries, a $1 million investment in Mythical Games, 283,452,700 Worldcoin (WLD) at $0.55 per WLD (per Coinbase), 16,278 Ethereum (ETH), and approximately $142 million in total cash and stablecoins, for total holdings of approximately $437 million.Top AI Headlines Driving the News:ORBS management believes the Company's treasury portfolio holds some of the most critical components for the future AI and digital financial system. Among the holdings, key highlights in recent weeks are:On June 1, Anthropic, recently valued at nearly $1 trillion, confidentially filed for a U.S. IPO, setting up what could become one of the most significant technology offerings in history (Reuters).The Anthropic news comes out amidst news that OpenAI is preparing to file to go public in the coming weeks (The New York Times).On June 1, Alphabet, parent company of Google, announced plans to raise up to $80 billion to fund AI-related investments and computing infrastructure to meet unprecedented demand (CNBC)."The market is witnessing one of the largest technology investment cycles in history as AI reshapes industries, business models, and the global economy," said Thomas "Tom" Lee, Board Member of Eightco. "Anthropic's filing highlights the expectation of enormous investor appetite for AI companies. With OpenAI's filing reported to be upcoming, we believe OpenAI sits at the center of this transformation, and ORBS' exposure to the company provides shareholders with participation in what we view as one of the most significan...

View stock analysis, news, and events for Eightco Holdings Inc.