Exhibit
99.1
Eightco
Holdings (NASDAQ: ORBS) Senior Management and Board Member, Tom Lee, to Join Invite Only World ID Launch Event on April 17th, as World
expands its lead in Human Verification
Eightco
remains largest disclosed Worldcoin (WLD) token holder ahead of the World Lift Off Event
Eightco
holds 277 million Worldcoin (WLD) tokens (~9% of circulating supply), the largest publicly disclosed institutional position and anchor
of the Proof-of-Human thesis
Eightco
offers public market access to the most innovative private companies including OpenAI and Beast Industries
Eightco
treasury composition as of April 16, 2026: $90M OpenAI equity, $25M Beast Industries equity, 11,068 ETH, 277 million WLD holdings, and
$112M cash and equivalents
EASTON,
Pa. April 16, 2026 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco” or “the Company”)
today provided an update on its portfolio ahead of the World Lift Off event, reaffirming its position of 277 million Worldcoin
(WLD) tokens, approximately 9% of circulating supply and the largest publicly disclosed institutional holding.
Members
of Eightco’s Board, including board member Tom Lee, Chairman of Bitmine, and the executive team including CEO Kevin O’Donnell
will attend the World Lift Off event on April 17, 2026, a widely anticipated milestone for digital identity, supporting Proof-of-Human
as defining infrastructure for the trust layer of the agentic AI era. The event will be livestreamed here at 10AM PDT.

“Proof
of human and verified human identity vaulted to a critical priority for social networks and banking and financial systems as AI and agentic-AI
capabilities experienced an exponential step forward in the past few months. Hence, we expect this upcoming World Lift Off event on April
17 will be widely watched,” said Thomas “Tom” Lee, Chairman of Bitmine, Head of Research at Fundstrat, and Board Member
of Eightco.
Eightco
is built around three mega-trends the company expects to shape the next decade of innovation, including: artificial intelligence, digital
identity, and the creator economy, with direct positions in each through OpenAI (28% of ORBS balance sheet), Worldcoin (22%), and Beast
Industries (8%).


Digital
Identity — WLD Token
Eightco
holds 277 million WLD, approximately 9% of circulating supply, the largest publicly disclosed institutional position, and representing
approximately 22% of the Eightco treasury.
Bots
and automated traffic now account for roughly 58% of global web requests, officially tipping into the majority and climbing fast in 2026
as agents proliferate. With bots outnumbering humans online, proof-of-human is quickly becoming essential infrastructure.
Worldcoin
is the native token of World, a global Proof-of-Human network built by Tools for Humanity (co-founded by Sam Altman and
Alex Blania) and stewarded by the World Foundation. Its Orb device issues a privacy-preserving World ID that verifies a user is a unique
human, not an AI agent.
Artificial
Intelligence — OpenAI
Eightco
holds $90 million of OpenAI equity, representing approximately 28% of the treasury assets, one of the highest disclosed OpenAI concentrations
of any listed vehicle.
ChatGPT,
OpenAI’s consumer app, has officially claimed the #1 spot in consumer AI, overtaking TikTok, Instagram, and Facebook in monthly
worldwide downloads in early 2026 (Sensor Tower), making it the fastest-scaling consumer app of the year.
Creator
Economy — Beast Industries
Eightco
holds $25 million of Beast Industries equity, with an additional $7 million future commitment, or $25 million total, approximately 8%
of the treasury assets.
Beast
Industries became the first creator-led company to cross a $5.2 billion private valuation, with a 500M+ combined follower base across
platforms. As AI commoditizes content creation, distribution and audience trust become scarce assets, Beast Industries commands one of
the largest direct-to-consumer reach footprints in the world.
About
Eightco Holdings Inc.
Eightco
Holdings Inc. (NASDAQ: ORBS) is a publicly traded holding company executing a first-of-its-kind Worldcoin (WLD) treasury strategy, offering
investors single-ticker exposure to three of the defining trends of this cycle: artificial intelligence through its pre-IPO equity stake
in OpenAI, digital identity through its position as the largest public holder of WLD and the Proof-of-Human protocol, and the
creator economy through its equity stake in MrBeast’s Beast Industries. Backed by leading institutional investors including
BitMine Immersion (NYSE: BMNR), ARK Invest, and Payward/Kraken, Eightco is building the infrastructure layer for human verification in
the agentic AI era.
For
more information:
X:
@iamhuman_orbs
Website:
8co.holdings
Frequently
Asked Questions
What
is ORBS stock?
Eightco
Holdings Inc. (NASDAQ: ORBS) is a publicly traded holding company on Nasdaq. ORBS provides single-ticker exposure to three private-market
positions: Worldcoin (WLD), the token of World (a project of Tools for Humanity); OpenAI; and Beast Industries.
Who
owns the most Worldcoin (WLD)?
Eightco
Holdings (NASDAQ: ORBS) holds 277 million WLD, approximately 9% of circulating supply and the largest publicly disclosed institutional
position.
What
is Proof-of-Human? Proof-of-Human is cryptographic verification that a user is a unique, living person, not a bot or AI agent. It
is foundational infrastructure for social networks, banking, and any system requiring “one person, one account” in the agentic
AI era.
How
does Eightco (ORBS) relate to Proof-of-Human? Eightco Holdings (NASDAQ: ORBS) is the largest publicly disclosed institutional holder
of Worldcoin (WLD), the token powering World’s Proof-of-Human network, with 277 million WLD (~9% of circulating supply).
Who
are investors in Eightco Holdings (ORBS)?
Eightco’s
investors include BitMine Immersion Technologies (NYSE: BMNR), MOZAYYX, World Foundation, Wedbush, CoinFund, Discovery Capital Management,
FalconX, Payward/Kraken, Pantera, and GSR.
Who
is the CEO of Eightco Holdings?
Kevin
O’Donnell is the CEO of Eightco Holdings (NASDAQ: ORBS). The Company’s Board includes Tom Lee (Managing Partner and Head
of Research at Fundstrat, and Chairman of BitMine Immersion Technologies (NYSE: BMNR)) and, as an advisor to the Board, Brett Winton
(Chief Futurist at ARK Invest).
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, including, without limitation, statements
regarding: expectations regarding the World Lift Off event; the Company’s expectations that artificial intelligence, digital identity,
and the creator economy will shape the next decade of innovation; beliefs that Proof-of-Human verification is becoming essential infrastructure
for social networks, banking, and financial systems in the agentic AI era; the Company’s treasury strategy and anticipated benefits
of its positions in WLD, OpenAI, and Beast Industries; and statements regarding the Company’s future capital commitments and investment
plans. 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, including its positions in WLD, OpenAI equity, and Beast Industries
equity; 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; volatility in digital asset prices, including WLD and ETH,
which could materially affect the value of the Company’s treasury holdings; regulatory changes, future legislation and rulemaking
negatively impacting digital assets or artificial intelligence adoption; risks related to the development, adoption, and market acceptance
of Proof-of-Human technology and the World network; uncertainty regarding the success of the World Lift Off event and its impact on WLD
value or 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, 2026 and other 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 Inc.
MEDIA
CONTACT:
Marcy
Simon
Marcy@agentofchange.com
+19178333392