Eightco Holdings Discloses $399M Asset Portfolio to Fuel Share Buyback Program
Key Facts
Eightco Holdings reported total assets of approximately $399 million, including stakes in OpenAI, Beast Industries, and various cryptocurrency holdings. According to a statement released via PR Newswire, the company has repurchased over 55 million shares of its common stock as part of a previously announced $125 million repurchase program.
The company intends to utilize its private equity and digital asset portfolio to accelerate its share buyback initiatives and return value to shareholders. ORBS closed at $0.7778 on October 28, 2026, after reaching a session high of $0.7999.
Latest Updates · 1
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Update: Eightco sold its stake in OpenAI at a 40% gain to accelerate its share repurchase program. This move aligns with the company's stated strategy of liquidating its investment portfolio to drive shareholder value.