Key Highlights
- Eightco Holdings (ORBS) unveiled treasury assets totaling around $406 million on June 10, 2026
- The company maintains a $90 million indirect position in OpenAI through SPVs, comprising 22% of total treasury value
- Additional assets consist of $18M Beast Industries stake, 283.5M WLD tokens, 16,278 ETH, and approximately $142M in cash equivalents
- Announcement comes as OpenAI submits confidential S-1 paperwork, indicating imminent public listing
- Shares of ORBS trade at $15.64, representing a 90% decline from the $161 peak and 42% drop year-to-date
On June 10, Eightco Holdings (ORBS) revealed comprehensive details of its treasury composition, showing approximately $406 million in combined assets. This marks a decrease from the $437 million figure the firm published seven days earlier, attributed to volatility in cryptocurrency holdings.
Current trading price sits at $15.64 per share. This represents a dramatic contraction — shares reached a 52-week peak of $161, translating to roughly a 90% collapse from that level. The stock has shed 42% in 2026 so far and declined 59% during the past half-year period.
The $406 million asset base encompasses cryptocurrency holdings, private company investments, and liquid capital. Most significantly, the portfolio features a $90 million indirect position in OpenAI, structured through special purpose investment vehicles. This OpenAI exposure accounts for approximately 22% of Eightco’s entire treasury.
Tom Lee, serving on the board, articulated the strategic value plainly: “A future OpenAI IPO will allow public investors to own a direct stake in one of the most important companies driving the AI transformation. ORBS, through its current holdings of indirect interests in the equity of OpenAI, enables investors exposure to OpenAI prior to any public offering.”
The timing proved significant. OpenAI revealed over the weekend that it had confidentially filed an S-1 registration statement — marking the initial regulatory move toward becoming a publicly traded entity.
Additional Treasury Components
Apart from the OpenAI position, Eightco maintains an $18 million investment in Beast Industries, the digital media powerhouse boasting more than 500 million aggregate followers across social platforms. This holding constitutes 4% of the total treasury balance.
The firm’s portfolio also features a $1 million allocation to Mythical Games, 283.45 million Worldcoin (WLD) tokens currently priced at $0.45 apiece, and 16,278 Ethereum tokens. Cash and stablecoin reserves comprise roughly $142 million.
The Worldcoin allocation deserves particular attention: holding 283 million tokens translates to approximately 8.4% of WLD’s entire circulating token supply.
Bitmine Partnership Details
Eightco’s operations involve strategic partnerships. Bitmine Immersion Technologies (BMNR) ranks among its institutional shareholders — creating a reciprocal investment dynamic. Bitmine independently reported holding an $88 million position in Eightco as component of its own $9.6 billion portfolio of cryptocurrency and cash reserves disclosed on June 7.
Bitmine’s holdings additionally include 5,543,872 Ethereum tokens and a $180 million investment in Beast Industries, establishing significant portfolio overlap between the two entities.
Kevin O’Donnell leads Eightco as Chief Executive Officer. Board membership features Tom Lee from Fundstrat alongside Brett Winton, who holds the chief futurist position at ARK Invest.
Treasury valuation decreased from $437M to $406M within a seven-day span, representing a $31 million reduction caused by cryptocurrency market movements. Both Bitcoin and Ethereum experienced recent price corrections, with Bitcoin temporarily touching levels not seen since October 2024.
Current holdings as of June 10 show ORBS possessing 283.45 million Worldcoin tokens and 16,278 ETH as its primary digital asset positions measured by token quantity.
