Eightco Bets $90M on OpenAI: 19% of $472M Treasury in ChatGPT Maker

In a market starved for pure-play AI stocks, Eightco Holdings is carving out a distinct niche. The company’s $90 million indirect investment in OpenAI is the crown jewel of a $472 million treasury, accounting for 19% of assets. With ChatGPT surpassing 900 million weekly active users in February 2026—making it the fastest-scaling consumer app in history—Eightco’s bet is a direct wager on the platform that has defined the generative AI era. However, the investment is held through SPVs, meaning shareholders own a derivative claim rather than a direct line to OpenAI’s boardroom.

On June 18, 2026, Eightco Holdings Inc. (NASDAQ: ORBS) disclosed a treasury portfolio valued at approximately $472 million, a revelation that positions the publicly traded company as a hybrid bet on artificial intelligence and digital assets. According to the company's press release, the holdings as of 5:30 p.m. ET on June 17 included a $90 million indirect exposure to OpenAI through special purpose vehicles (SPVs), an $18 million funded investment in defense technology firm Beast Industries, and a $1 million stake in gaming startup Mythical Games. Additionally, the portfolio featured 283,452,700 Worldcoin (WLD) tokens at a per-unit price of $0.66, 16,278 Ether (ETH) valued at approximately $52 million based on market rates, and a combined $149 million in cash and stablecoins. The disclosure cements Eightco’s self-described concentration on three mega-trends: artificial intelligence, digital identity (embodied by its massive Worldcoin position), and the creator economy.

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ET on June 17 included a $90 million indirect exposure to OpenAI through special purpose vehicles (SPVs), an $18 million funded investment in defense technology firm Beast Industries, and a $1 million stake in gaming startup Mythical Games.

This treasury structure is unusual for a publicly traded company. Unlike most corporate balance sheets that view cash reserves as dry powder for operations or buybacks, Eightco has assembled what it calls "some of the most critical components for the future AI and digital financial system." The $90 million OpenAI commitment represents 19% of total treasury assets, making ORBS one of the most concentrated public-market proxies for the AI giant. By routing the investment through SPVs, Eightco navigates the typical hurdles of private-company liquidity, offering its shareholders a rare window into a company that crossed 900 million weekly active users on ChatGPT in February 2026, per Sensor Tower and UBS research. However, the SPV structure also introduces layers of complexity, indirect ownership, and potential discounts to net asset value that may cloud the true market value of the stake.

The crypto allocation is even more dominant. Worldcoin alone accounts for roughly 39% of treasury assets, or about $187 million at the quoted price. This heavy weighting in WLD—a token tied to digital identity and a project co-founded by OpenAI’s Sam Altman—reinforces the thematic overlap between AI and crypto. The Ether position, while smaller at 16,278 coins, adds a foundational layer of exposure to smart-contract platforms. The $149 million in cash and stablecoins provides ballast, but the overall portfolio carries significant concentration risk: two assets (OpenAI and WLD) make up nearly 60% of total holdings. This is a high-conviction, high-volatility strategy that will likely move in sync with sentiment toward AI and altcoins.