Eightco Holdings Inc. (NASDAQ: ORBS) updated its holdings breakdown on March 30 at 1:00 p.m. ET, revealing a portfolio worth approximately $326 million. The company holds 277,222,975 Worldcoin (WLD) valued at $0.28 per WLD (Coinbase price), 11,068 Ether (ETH), a $90 million indirect investment in OpenAI, a $25 million stake in Beast Industries, and $109 million in cash and stablecoins.
Worldcoin Position Equals Nearly 9% of Circulating Supply
ORBS's WLD holdings account for almost 9% of the token's current circulating supply, positioning the firm as the largest public market player in the Worldcoin ecosystem. CEO Kevin O'Donnell stated: "Our strategy is centered on providing public market investors with exposure to the most important private companies shaping the future of technology. Through investments in OpenAI and Beast Industries, we are building a portfolio at the intersection of AI, digital identity, and next-generation consumer ecosystems."
OpenAI Represents 30% of Treasury Position
The $90 million indirect OpenAI exposure constitutes roughly 30% of ORBS's total treasury. The company also holds a $25 million position in Beast Industries, the venture founded by creator MrBeast. Earlier, ORBS announced $130 million in new funding commitments, led by an $80 million investment from Bitmine Immersion Technologies (NYSE: BMNR), with ARK Invest and Payward (Kraken's parent) each committing $25 million.
ARK Invest: 'Bridging the Gap' Between Public Investors and Transformative Tech
Brett Winton, Chief Futurist at ARK Invest and ORBS Board Advisor, said: "ORBS is building a public market on-ramp to the companies driving the AI era. By expanding access to highly influential private companies, ORBS is helping bridge a critical gap between public investors and transformative technologies." ORBS is backed by a group of strategic and institutional investors including Bitmine, MOZAYYX, ARK Invest, Payward, World Foundation, Coinfund, Discovery Capital Management, FalconX, Pantera, and GSR. The company aims to own stakes in leading AI model OpenAI and top content creator MrBeast's Beast Industries, aligning capital with technologies shaping humanity's future.