Eightco Holdings (ORBS) announced an additional $40M investment in OpenAI. This follows the company’s prior $50M investment, bringing its total commitment to $90M. With this latest investment, OpenAI now represents approximately 30% of ORBS’ total treasury position. In addition to the company’s stake in OpenAI, ORBS’ total holdings include 277,222,975 WLD, 11,068 ETH, and total cash and stablecoins of $76M. ORBS holds nearly 10% of the current WLD supply in circulation.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORBS:
- Largest borrow rate increases among liquid names
- Bitmine Immersion announces crypto holdings of $11.5B
- Crypto Currents: SEC, CFTC sign MOU for Joint Harmonization Initiative
- Crypto Currents: CFTC affirms crypto oversight alignment with SEC
- Eightco Secures Major Funding to Drive AI and Crypto Expansion