Eightco Increases Investment in OpenAI to $90 Million
- Eightco Holdings (ORBS) invested an additional $40 million in OpenAI, bringing its total investment to $90 million.
- The investment represents approximately 30% of Eightco’s treasury holdings.
- Shares of Eightco have decreased by nearly 93% over the past six months.
- Eightco also manages holdings of 11,068 ETH valued at $23.6 million and has significant investments in Worldcoin (WLD).
Eightco Holdings has significantly increased its stake in OpenAI, with a total investment now reaching $90 million, which is a considerable portion of its treasury assets. This strategic move highlights the firm’s commitment to expanding its influence in the artificial intelligence sector.
Despite this investment strategy, Eightco’s shares have seen a substantial decline over the last six months, indicating market volatility or investor uncertainty about future returns from these investments. (Source)
