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Eightco Holdings discloses a position of approximately $380 million, including OpenAI equity, ETH, and WLD
  • ORBS0%
  • ETH0%
  • WLD0%
  • COINX0%
  • Ban-1.32%

BlockBeats News, September 3rd, Eightco Holdings (Nasdaq: ORBS), a US-listed company, announced that as of September 2nd, its total assets amounted to approximately $380 million. The assets mainly include around $90 million in OpenAI equity held indirectly through an SPV, $18 million in Beast Industries equity, $1 million investment in Mythical Games, 16,278 ETH, nearly 302 million WLD (priced around $0.37 per coin on Coinbase), and approximately $122 million in cash and stablecoins. In the past month, the company has repurchased over 25 million shares of common stock as part of its previously announced $125 million buyback plan and has participated in a $52.5 million funding round led by Pantera for the World Foundation.

The company's portfolio is positioned to capitalize on three major trends: artificial intelligence, digital identity, and the creator economy. OpenAI represents about 24% of the treasury assets, WLD accounts for approximately 29% (making it the largest publicly disclosed institutional holding globally, representing about 8.3% of the circulating supply), and Beast Industries holds about 5%. The management believes that this portfolio covers key aspects of the future AI and digital financial ecosystem.

Fuente:BlockBeats

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