- As of this past Friday, Eightco Holdings (ORBS) has invested an additional $40 million in OpenAI, the firm behind the most popular chatbot ChatGPT.
- It is the only publicly traded sub-billion-dollar market-cap company offering retail investors direct equity exposure to a privately held AI firm. Its AI investment accounts for about 30% of its treasury.
- On March 12th, Thursday, it announced a 125M investment from BMNR (75M), Kathie Wood (25M), and Payward (25M). 90M is investing in OpenAI, and 25M is investing in Beast Industries.
- Eightco has added BitMine (BMNR) Chairman Tom Lee to its board of directors.
- As of Friday, Eightco held 277,222,975 WLD tokens, 11,058 ETH, and 76 million in cash and stablecoins. It is the biggest treasury for Worldcoin (WLD) tokens. Sam Altman is the CEO and cofounder of OpenAI, who is also the cofounder of Worldcoin (World)(WLD).
- OpenAI is widely expected to pursue a potential $1 trillion IPO in late 2026 or 2027, with reports suggesting a possible fourth-quarter 2026 target.
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