Finance
What to know:
- Eightco Holdings, once a humble packaging/logistics firm, has metamorphosed into a capitalist chimera, securing $125 million from the likes of Bitmine, ARK Invest, and Kraken’s paymasters. A true tale of reinvention, or just another circus act in the financial arena?
- With $75 million already sunk into OpenAI and MrBeast’s Beast Industries, Eightco is betting big on AI and blockchain. Because who needs cardboard boxes when you can have digital dreams and crypto castles?
- Their treasury reads like a pirate’s hoard: 277 million WLD tokens, 11,000 Ether, and $82 million in cash. Enough to make even the most jaded proletariat raise an eyebrow.
Eightco Holdings (ORBS) shares soared 25% in early trading, as if the stock market itself had inhaled a dose of OpenAI’s optimism. The firm, once content with the mundane world of logistics, now fancies itself a titan of tech investment, backed by a motley crew of capitalists.
Bitmine Immersion Technologies (BMNR), an ether treasury asset company with a 7% stake in Eightco, ponied up $75 million. Their chairman, Tom Lee, will join the board, presumably to ensure the gravy train keeps rolling. ARK Invest and Kraken’s parent, Payward, each chipped in $25 million, because why not throw more fuel on the fire?
distinguishing humans from AI-generated drivel. A noble cause, or just another techie’s pipe dream?
Bitmine’s Lee waxes poetic about the “tremendous synergy” between Worldcoin’s Proof of Human, OpenAI’s models, and MrBeast’s content empire. Synergy, or just a buzzword salad? You decide.
Meanwhile, WLD tokens ticked up 2%, trading at $0.362, and ORBS shares hovered at $1.00. The proletariat watches, bemused, as the capitalists play their games of numbers and dreams.
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2026-03-12 17:01