Eightco (NASDAQ: ORBS) Invests Additional $40 Million into OpenAI, Bringing Total OpenAI Investment to $90 Million
Eightco (NASDAQ: ORBS) announced an additional $40 million investment in OpenAI on March 20, 2026, bringing its total OpenAI commitment to $90 million.
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Rhea-AI Summary
Eightco (NASDAQ: ORBS) announced an additional $40 million investment in OpenAI on March 20, 2026, bringing its total OpenAI commitment to $90 million. OpenAI now represents approximately 30% of ORBS' total treasury.
ORBS also holds 277,222,975 WLD (nearly 10% of circulating supply), 11,068 ETH, and $76 million in cash and stablecoins. The company closed $125 million in new funding commitments led by $75 million from Bitmine (NASDAQ: BMNR), with ARK Invest and Payward each committing $25 million. ORBS made an initial $25 million strategic investment in Beast Industries. Tom Lee joins the board and Brett Winton joins as advisor.
Positive
- OpenAI investment increased to $90M, representing ~30% of treasury
- WLD holdings of 277,222,975 tokens (~10% of circulating supply)
- $125M in new funding commitments led by $75M from Bitmine
- Completed $25M strategic investment in Beast Industries
Negative
- High concentration: OpenAI equals ~30% of ORBS treasury position
- Concentrated crypto exposure: nearly 10% of WLD supply held
Details
News Market Reaction – BMNR
On Mar 20, the day this news came out, BMNR closed 0.95% below the previous close.
Data tracked by StockTitan Argus for the Mar 20 session.
Key Figures
- Additional OpenAI investment
- $40 million
- New capital deployed by ORBS into OpenAI
- Total OpenAI commitment
- $90 million
- Cumulative ORBS investment in OpenAI after latest round
- Treasury exposure to OpenAI
- 30%
- Approximate share of ORBS total treasury represented by OpenAI stake
- Worldcoin holdings
- 277,222,975 WLD
- Total WLD tokens held by ORBS
- ETH holdings
- 11,068 ETH
- ETH position in ORBS treasury
- Cash & stablecoins
- $76 million
- ORBS total cash and stablecoin balance
- New funding commitments
- $125 million
- Institutional commitments recently announced by ORBS
- Bitmine ORBS commitment
- $75 million
- Portion of ORBS funding commitments led by BMNR
Previous AI Reports
-
Nasdaq ticker change to ORBS and $270M AI-focused private placement with BMNR participation.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
stablecoins technical
blockchain infrastructure technical
circulation technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
OpenAI now represents approximately
ORBS is the only company that offers retail investors access to leading private companies including OpenAI and Beast Industries
Tom Lee, Chairman of Bitmine (NYSE: BMNR), joins board of directors to support ORBS' long-term investment strategy
Brett Winton, Chief Futurist at ARK Invest, joins as an advisor to ORBS' Board
The Company is supported by a group of strategic and institutional investors including: Bitmine Immersion Technologies (BMNR), MOZAYYX, ARK Invest, Payward, World Foundation, Coinfund, Discovery Capital Management, FalconX, Pantera, GSR, and more
"We believe our investment in OpenAI represents a transformative opportunity not only for ORBS, but for our shareholders," said Kevin O'Donnell, CEO of Eightco ($ORBS). "Access to high-growth private companies has historically been limited to institutional investors, and we're proud to offer retail investors meaningful exposure to one of the most important AI companies in the world. This investment highlights our continued belief in the long-term impact of artificial intelligence and positions ORBS at the forefront of innovation as this technology reshapes industries globally."
The company recently announced
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.
"OpenAI is one of the most consequential bets you can make in markets today," said Brett Winton, Chief Futurist at ARK Invest. "We're pleased to support ORBS in building a public market on-ramp to the companies shaping the AI era."
ABOUT EIGHTCO HOLDINGS INC.
Eightco Holdings Inc. (NASDAQ: ORBS) is expanding its mission to own stakes in leading AI model, OpenAI and leading content creator, MrBeast and Beast Industries. Through strategic investments and partnerships, ORBS sits at the intersection of blockchain infrastructure, artificial intelligence, and next-generation consumer platforms. The Company is focused on building long-term shareholder value by aligning capital with the transformative technologies shaping the future of humanity.
For additional details, follow on X:
https://x.com/iamhuman_orbs
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as "plans," "expects," "will," "anticipates," "continue," "expand," "advance," "develop" "believes," "guidance," "target," "may," "remain," "project," "outlook," "intend," "estimate," "could," "should," and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management's current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the Company's inability to direct the management or operations of private businesses where the Company is not a controlling stockholder; risk of loss or markdown on the Company's strategic investments; the Company's ability to maintain compliance with the Nasdaq's continued listing requirements; unexpected costs, charges or expenses that reduce the Company's capital resources or otherwise delay capital deployment; inability to raise adequate capital to fund or scale its business operations or strategic investments; regulatory changes, future legislation and rulemaking negatively impacting digital assets or artificial intelligence adoption; and shifting public and governmental positions on digital assets or artificial intelligence-related industries. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco's actual results to differ from those contained in the forward-looking statements herein, see Eightco's filings with the Securities and Exchange Commission (the "SEC"), including the risk factors and other disclosures in its Annual Report on Form 10-K filed with the SEC on April 15, 2025 and subsequent publicly available SEC filings. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.
SOURCE Eightco Holdings (NASDAQ: ORBS)
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