Eightco (NASDAQ: ORBS) Reports Total Holdings of $326 Million, Includes Nearly 280 Million Worldcoin and Over 11,000 ETH
ORBS offers public market exposure to the most innovative private companies including
ORBS bridges a critical gap between public investors and transformative technologies
OpenAI represents approximately 30% of ORBS' total treasury position
The Company is supported by a group of strategic and institutional investors including:
As of
OpenAI represents approximately 30% of ORBS' total treasury position. ORBS holds nearly 9% of all the current WLD supply in circulation, positioning the company as the largest public market participant in the Worldcoin ecosystem.
"At ORBS, our strategy is centered on providing public market investors with exposure to some of the most important private companies shaping the future of technology," said
The Company previously announced
"ORBS is building a public market on-ramp to the companies driving the AI era," said
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as "plans," "expects," "will," "anticipates," "continue," "expand," "advance," "develop" "believes," "guidance," "target," "may," "remain," "project," "outlook," "intend," "estimate," "could," "should," and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management's current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the Company's inability to direct the management or operations of private businesses where the Company is not a controlling stockholder; risk of loss or markdown on the Company's strategic investments; the Company's ability to maintain compliance with the Nasdaq's continued listing requirements; unexpected costs, charges or expenses that reduce the Company's capital resources or otherwise delay capital deployment; inability to raise adequate capital to fund or scale its business operations or strategic investments; regulatory changes, future legislation and rulemaking negatively impacting digital assets or artificial intelligence adoption; and shifting public and governmental positions on digital assets or artificial intelligence-related industries. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco's actual results to differ from those contained in the forward-looking statements herein, see Eightco's filings with the Securities and Exchange Commission (the "
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