Eightco Holdings Reports $333 Million in Total Assets Including OpenAI Stake and 11,068 ETH
Eightco Holdings (ORBS) disclosed total holdings of approximately $333 million as of May 5, in a treasury update that includes an indirect stake in OpenAI, 11,068 Ethereum (ETH), and approximately 283 million Worldcoin (WLD) tokens. The company also holds roughly $121 million in cash and stablecoins.
The disclosure positions Eightco as one of the more eclectic cryptocurrency treasury holders among NASDAQ-listed companies.
Treasury Breakdown
Eightco filed the holdings update on May 6, through a PR Newswire release. The OpenAI position is held indirectly through a stake in Beast Industries, the media and commerce company operated by YouTube creator MrBeast, which itself holds an OpenAI allocation.
Eightco did not disclose the exact size of the OpenAI exposure within the Beast Industries stake. The 11,068 ETH position is held on Coinbase Custody.
Worldcoin is a digital identity and cryptocurrency project that issues WLD tokens to users who verify their biometric identity through iris-scanning hardware.
The token has a market capitalization above $400 million. Eightco’s 283 million WLD position represents a substantial concentration in a single speculative asset.
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Background
Eightco Holdings restructured its corporate strategy in 2024, pivoting from a consumer packaging business toward a holding company model focused on artificial intelligence, digital identity, and the creator economy.
The ORBS ticker was retained after the company’s earlier iteration as a blockchain gaming token issuer. The May 5 treasury snapshot is the company’s first formal disclosure of assets at this scale.
The Beast Industries connection gives Eightco indirect exposure to OpenAI at a time when private-market valuations for the AI company have climbed above $300 billion.
That indirect route has attracted investor attention, though the precise valuation of the stake within Eightco’s $333 million total remains unconfirmed by any third party.
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What Comes Next
Eightco has not provided guidance on whether it plans to expand or liquidate any of its three primary positions. The concentration in WLD tokens introduces significant volatility risk to the total treasury figure, given Worldcoin’s relatively low daily liquidity compared to the size of Eightco’s holdings.
Investors will watch for a follow-up filing that clarifies the OpenAI valuation methodology and the precise cost basis of the Ethereum and WLD positions.
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