Eightco Holdings Discloses $337M Crypto Treasury With 11,000 ETH and 283M Worldcoin Tokens
Eightco Holdings (ORBS), the Nasdaq-listed company, disclosed a total asset base of approximately $337 million on May 22, anchored by 11,068 Ethereum (ETH) and 283,452,700 Worldcoin (WLD) tokens. The company also holds a stake in OpenAI, an investment in Beast Industries, $1 million in Mythical Games, and roughly $133 million in cash and stablecoins.
The disclosure positions Eightco among a growing cohort of small-cap public companies converting balance sheets into cryptocurrency treasuries.
What Eightco Holds
According to a PR Newswire release published May 22, the 11,068 ETH position was valued using Coinbase pricing. The 283,452,700 WLD tokens were carried at $0.25 per token, putting that stake at roughly $70.9 million.
Cash and stablecoins accounted for $133 million of the total. The OpenAI stake and the Beast Industries investment were listed without individual valuations in the disclosure.
Mythical Games, a blockchain gaming company, received the $1 million allocation. The company did not specify the acquisition dates or average cost basis for any of the cryptocurrency positions in the announcement.
What Eightco Does
Eightco Holdings is a Nasdaq-listed holding company that operates across consumer products and digital assets.
The company trades under the ticker ORBS. Its pivot toward a cryptocurrency-heavy treasury mirrors a strategy made prominent by MicroStrategy (MSTR), which began accumulating Bitcoin (BTC) in August 2020 and has since attracted dozens of corporate imitators.
Unlike MicroStrategy’s single-asset approach, Eightco has spread its digital holdings across ETH, WLD, and private equity stakes in AI-adjacent companies. Worldcoin, the digital identity and cryptocurrency project co-founded by OpenAI CEO Sam Altman, distributes WLD tokens to users who verify their identity through iris-scanning hardware.
The token trades well below its 2023 launch highs.
Background
Small-cap public companies adopting cryptocurrency treasuries accelerated sharply in 2025 as Bitcoin climbed above $100,000. Several Nasdaq-listed firms announced ETH or Bitcoin accumulation programs in the first quarter of 2026, seeking to replicate the stock-price momentum that MicroStrategy generated after its initial Bitcoin pivot.
Eightco’s disclosure is notable for the size of its WLD position relative to the token’s circulating supply and for the simultaneous exposure to OpenAI through a private equity stake. The company’s ORBS shares have seen elevated trading interest in recent weeks alongside broader cryptocurrency market activity.
Also Read: Franklin Templeton Canada Announces June ETF Cash Distributions
What to Watch
Eightco did not disclose whether it plans to expand the ETH position or whether the WLD allocation represents a strategic long-term bet or a speculative trade.
The WLD token’s valuation at $0.25 per token in the disclosure sits well below peak prices, giving the company potential upside if sentiment toward Worldcoin recovers. Analysts covering small-cap crypto treasuries will focus on whether the company can maintain sufficient liquidity through its $133 million cash and stablecoin buffer if digital asset prices fall sharply.
The OpenAI stake adds a private-market AI exposure layer that most crypto treasury plays lack.
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