Eightco shares close at $0.7459 after new offering announcement could not be confirmed
Key Facts
Eightco Holdings shares, listed under the ticker ORBS, closed at $0.7459 on November 6, 2026, according to EL7 data. The price comes as a new November 8 announcement of a private offering to fund a treasury strategy focused on Worldcoin could not be verified. The documented private offering announcement in available sources dates to September 2025, when the company announced the closing of $270 million in financing. The closing price recorded on November 6 therefore does not by itself establish that new financing took place or determine its impact on the stock. Available information does not include the stock’s opening price or its session high and low.
The digital treasury strategy dates to a September 8, 2025, board decision, according to the company’s disclosure for the quarter ended June 30, 2026. Eightco said the strategy holds digital assets, primarily Worldcoin, as part of a long-term treasury reserve framework. In its September 2025 announcement of the private offering’s closing, the company said the proceeds would be used to buy and hold WLD as a reserve asset. It added that cash and Ethereum could also be held as secondary reserve assets. The transaction included a $20 million investment from BitMine, according to the company’s statement published through PR Newswire.
Company data published on October 29, 2026, showed a more recent picture of its portfolio, with holdings valued at about $399 million on October 28. The portfolio included about 302 million WLD tokens and 16,278 ETH, alongside $132 million in cash and cash equivalents. It also included an indirect stake in OpenAI that the company valued at about $76 million, and a stake in Beast Industries worth $18 million. The disclosure places digital assets within a broader portfolio that also includes investments, shares and cash. These figures relate to the October disclosure and do not represent proceeds from a new November offering.
The fair value of digital assets was about $175.3 million on March 31, 2026, according to the company’s quarterly disclosure. Eightco said those assets consisted primarily of Worldcoin, Ethereum and U.S. dollar-denominated stablecoins. This value provides a dated comparison with the portfolio figures the company announced in October, but it relates to a specific date and measure. The digital asset value reported in March differs from total holdings of about $399 million in October, which also included cash and investments in companies. The two disclosures cited here do not provide details that would allow the change to be attributed to specific purchases or sales.
The company reported an operating loss of $22,323,269 and cash used in operating activities of $9,697,765 in the first half of 2026. It estimated average monthly operating cash use at about $1.6 million over the same period. As of June 30, near-cash liquidity stood at about $148,848,631, and management said it had not identified conditions that raised substantial doubt about the company’s ability to continue as a going concern over the following twelve months. The company also said it currently generates no revenue from its digital asset holdings, which it uses for treasury, liquidity management and strategic investment. These disclosures place the digital asset strategy alongside the operating and liquidity needs the company reported.
On October 29, Eightco said it had repurchased more than 55 million shares under its previously announced program, and that buybacks since August covered 12.98% of shares outstanding. Chief Executive Kevin O’Donnell said the company had sold part of its OpenAI investment after its value rose and used the proceeds to repurchase ORBS shares. He said: "We monetized a portion of our OpenAI position after a significant increase in value and strategically deployed the capital to repurchase ORBS shares." The announcement coincided with the company’s disclosure of total holdings of nearly $399 million on October 28. The November 6 closing price followed those disclosures, but the information provided does not link the stock’s session movement to a specific cause.
Eightco warned in its disclosure about volatility in digital asset prices, including WLD and ETH, and said estimates of investment value may not reflect the price at which the assets could actually be sold. The company’s warning means the reported portfolio values remain estimates tied to the disclosure date. As for new financing, available information does not include a November offering amount, its terms or the use of its proceeds. The latest date specified in the information here is the portfolio disclosure published on October 29, covering holdings through October 28. No later date for a new announcement or disclosure is provided.