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Nvidia Stock Dips Below Key Support Level

Eightco Holdings Increases OpenAI Investment to $90 Million

  • Eightco Holdings (NASDAQ: ORBS) has increased its investment in OpenAI by $40 million, bringing the total to $90 million.
  • This investment represents about 30% of Eightco’s total treasury.
  • The company also supports Beast Industries, led by YouTube creator MrBeast.
  • OpenAI recently closed a $110 billion funding round, raising its valuation to $730 billion.
  • Eightco’s holdings include 277 million WLD tokens and 11,068 ETH.
  • ORBS shares fell by 4% to $0.90 intraday and are down approximately 46% year-to-date.

Eightco Holdings has significantly increased its stake in OpenAI, now totaling $90 million. Despite this strategic move, ORBS shares have seen a decline of about 46% year-to-date. The company continues to hold substantial assets in both the Worldcoin ecosystem and Ethereum.

Source (3.2)https://cryptobriefing.com/eightco-openai-investment-reach-90-million/?rand=59535
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