Exhibit
99.1
Eightco
Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH
and Over 283 Million WLD Tokens
Eightco
treasury composition as of July 15, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings,
and $148M cash and equivalents, totaling approximately $406 million
Worldcoin
token (WLD) now listed on Robinhood (NASDAQ: HOOD), expanding access to millions
OpenAI
recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering
Eightco
provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries
EASTON,
Pa., July 16, 2026 /PRNewswire/ Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco” or the “Company”) today provided
an update on its total holdings, highlighting its position across digital assets and strategic investments in leading private technology
companies.
As
of July 15, 2026, at 4:30 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 $0.41 per WLD
(per Coinbase), 16,278 Ethereum (ETH), and approximately $148 million in total cash and stablecoins, for total holdings of approximately
$406 million.
Top
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. This week’s top headlines include:
| ● | This
week, it was reported that OpenAI is developing a product meant to serve as a humanlike AI
companion that lives in the home. This product will help control smart-home appliances, play
media, answer questions, and respond to messages. This development will place OpenAI in the
hardware space, competing with Apple, Google and more (Bloomberg). |
| ● | On
July 9, OpenAI released GPT-5.6 Sol which emphasizes better token efficiency (54% more efficient
on agentic coding), stronger capabilities in coding, science, biology, cybersecurity, multimodal
support and new features like GPT-Live. It follows a staggered/limited rollout after a U.S.
government request over national security concerns. Sol includes an “ultra” mode
for harder tasks and advanced safety features (OpenAI). |
| ● | On
July 24, 2026 World’s token issuance schedule will reach a significant milestone. As
outlined in the original World whitepaper, the network’s largest three-year token unlock
period is expected to conclude, reducing the number of WLD entering circulation each day
by approximately 43%, from about 5.1 million tokens to about 2.9 million. ORBS currently
holds 283,452,700 WLD, representing approximately 8% of the circulating supply and the largest
publicly disclosed WLD position in the world. While ORBS’ holdings will remain unchanged
on July 24, the pace of new token issuance is expected to slow significantly. WLD will continue
to enter circulation, but at roughly half the previous daily rate, materially slowing the
growth of overall supply (World). |
“OpenAI
continues to incrementally improve ChatGPT’s capabilities and these add up to meaningful improvements year to date. The improvement
in token efficiency is welcomed by many users,” said Thomas “Tom” Lee, Board Member of Eightco. “We believe ORBS
is uniquely positioned for the future. As AI becomes more personal and autonomous, we expect proof of human will become one of the most
valuable assets in the digital economy.”
Eightco:
Exposure to key mega-trends
Eightco
is built around three mega-trends the Company expects to shape the next decade of innovation: artificial intelligence, digital identity,
and the creator economy, with positions in each trend through indirect investment in OpenAI (22% of ORBS’ treasury holdings), Worldcoin
(29%), and Beast Industries (4%).
Artificial
Intelligence — OpenAI
Eightco
has invested approximately $90 million in special purpose vehicles with exposure to equity interests in the parent company of OpenAI,
representing approximately 22% of treasury assets, one of the highest disclosed concentrations of any listed vehicle.
ChatGPT,
OpenAI’s consumer app, is the #1 consumer AI app worldwide (Sensor Tower) and crossed 900 million weekly active users in
February 2026, making it the fastest-scaling consumer technology in history (UBS via Reuters).
Digital
Identity — WLD Token
Eightco
holds over 283 million WLD, approximately 8% of circulating supply, the largest publicly disclosed institutional position globally and
approximately 29% of the Eightco treasury’s assets.
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 devices issue a privacy-preserving World ID that verifies a user is a unique human, not
an AI agent.
Under
World’s announced business model, applications pay per-verification fees while end-user verification remains free, with
both credential issuers and the World protocol monetizing verified-human authentication. World identifies a $6.35 trillion combined addressable
revenue opportunity across 13 industries spanning banking, e-commerce, gaming, social media, and agentic AI (per Tools for Humanity).
Creator
Economy — Beast Industries
Eightco
has invested $18 million in Beast Industries equity, approximately 4% of treasury assets.
Beast
Industries operates one of the largest direct-to-consumer reach footprints in the world, with a combined 500 million-plus follower base
across platforms, anchored by MrBeast as the most-watched person on YouTube globally. As AI commoditizes content production, distribution
and audience trust become increasingly scarce assets.
About
Eightco Holdings Inc.
Eightco
Holdings Inc. (NASDAQ: ORBS) is a publicly traded company executing a first-of-its-kind Worldcoin (WLD) treasury strategy, providing
investors single-ticker indirect exposure to three of the defining trends of this cycle: artificial intelligence through its indirect
investment 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 Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken,
Pantera, and GSR, 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 company on Nasdaq. ORBS provides indirect exposure to: OpenAI and Beast Industries.
Who
owns the most Worldcoin (WLD)?
Eightco
Holdings (NASDAQ: ORBS) holds 283 million WLD, approximately 8% of circulating supply and the largest publicly disclosed institutional
position globally.
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, agentic commerce, 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.
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: the Company’s expectations that artificial intelligence, digital identity, and the creator economy will shape the next
decade of innovation; the Company’s belief that its treasury portfolio holds some of the most critical components for the future
AI and digital financial system; the Company’s belief that it is uniquely positioned for the future; statements that OpenAI submitted
a confidential S-1, setting itself up for a potential future initial public offering; statements that OpenAI is developing a humanlike
AI companion product for the home; statements regarding the capabilities, features, and release of OpenAI’s GPT-5.6 Sol model,
including its token efficiency, coding capabilities, and “ultra” mode; statements that Proof-of-Human verification will become
one of the most valuable assets in the digital economy; statements regarding World’s addressable revenue opportunity of $6.35 trillion
across industries spanning banking, e-commerce, gaming, social media, and agentic AI; statements regarding Worldcoin (WLD) being listed
on Robinhood and expanding access to millions of users; statements regarding the expected reduction in WLD token issuance following July
24, 2026, including the anticipated reduction from approximately 5.1 million tokens to approximately 2.9 million tokens daily; statements
that the Company holds the largest publicly disclosed WLD position globally; statements that distribution and audience trust become increasingly
scarce assets as AI commoditizes content production; statements regarding the Company building the infrastructure layer for human verification
in the agentic AI era; and statements regarding the Company providing indirect exposure to defining trends through its investments in
OpenAI, WLD, and Beast Industries. Words such as “plans,” “expects,” “will,” “anticipates,”
“continue,” “expand,” “advance,” “develop,” “believes,” “guidance,”
“target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,”
“could,” “should,” “positioned,” “view,” 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, including OpenAI and Beast Industries; risk of loss or markdown on the Company’s
strategic investments, including its indirect position in OpenAI equity (held through special purpose vehicles), its position in WLD,
and its position in Beast Industries equity; the Company’s ability to maintain compliance with 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, artificial intelligence adoption, or biometric data collection; risks related to
the development, adoption, and market acceptance of Proof-of-Human technology and the World network; uncertainty regarding the pace and
trajectory of agentic AI deployment in enterprise and consumer applications; uncertainty regarding OpenAI’s product roadmap, business
model developments, and the timing or success of any IPO; risks related to Beast Industries’ ability to achieve its growth projections;
competition in the digital identity and AI infrastructure markets; reliance on third-party sources for the valuation of certain investments;
uncertainty regarding MrBeast’s continued success and the performance of Beast Industries’ creator-driven business model;
risks related to the Company’s concentrated positions in certain digital assets and private company investments; shifting public
and governmental positions on digital assets or artificial intelligence-related industries; risks related to the timing, features, and
commercial reception of OpenAI’s model releases; and risks that WLD supply dynamics may not result in anticipated market effects.
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 the forward-looking statements contained
herein to reflect actual results or any change in its expectations.
SOURCE
Eightco Holdings (NASDAQ: ORBS)
MEDIA
CONTACT:
Marcy
Simon
Marcy@agentofchange.com
+1
917 833 3392