Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $340 Million, Includes OpenAI, Beast Industries, More Than 11,000 ETH and Over 283 Million WLD Tokens
Eightco Holdings (ORBS) disclosed a May 12, 2026 treasury update showing approximately $340M in assets: $90M (indirect) in OpenAI, $18M in Beast Industries equity, 11,068 ETH, 283,452,700 WLD (at $0.27 each), and about $129M in cash/stablecoins. The release highlights ORBS as the largest publicly disclosed institutional holder of WLD (~8.39% of circulating supply) and frames the portfolio as concentrated exposure to AI, digital identity (Worldcoin/Proof of Human) and the creator economy. Market implications: ORBS provides a single‑ticker vehicle for concentrated crypto/AI exposure, so volatility in ETH or WLD prices or regulatory shifts around biometric identity and digital assets could materially affect its NAV. The release also cites a 64% Polymarket probability of an OpenAI social network in 2026, reinforcing demand narratives for human‑verification infrastructure. Overall tone is promotional/bullish, but investors face concentration, asset‑price volatility and regulatory risks.