Eightco Repurchases 14M Shares, Holdings Rise to $389M
ORBS sits 35% above its 52-week low of $0.566.
Summary
Eightco repurchased 14 million shares in two weeks and reported total holdings of $389 million, up from $378 million, highlighting its OpenAI, WLD, and Beast Industries positions.
Key Events · Financing and Capital Events · ORBS
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14M Share Repurchase
Eightco repurchased approximately 14 million shares of common stock in the past two weeks under its previously announced $125 million share repurchase program.
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Holdings Rise to $389M
Total holdings increased to approximately $389 million as of August 19, 2026, from $378 million reported on August 5, 2026, driven by $90M OpenAI equity, $18M Beast Industries, 16,278 ETH, and nearly 302M WLD tokens.
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World Foundation Funding Round
Eightco participated in World Foundation's $52.5M funding round led by Pantera with participation from Bain Capital Crypto, Selini Capital, Susquehanna Crypto, and additional investors.
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Nasdaq Delisting Risk
The company remains under a Nasdaq delisting notice after its stock price fell below $1.00, with 180 days to regain compliance.
Analysis · ORBS · Finance
Eightco repurchased 14 million shares in two weeks under its $125 million buyback program, reducing the float and signaling management's conviction that the stock is undervalued. The company also reported total holdings of $389 million as of August 19, up from $378 million on August 5, driven by its $90 million OpenAI stake, $18 million Beast Industries equity, 16,278 ETH, and nearly 302 million WLD tokens. The buyback is a direct return of capital to shareholders and a vote of confidence in the treasury strategy, though the company remains under a Nasdaq delisting notice and its core business is struggling.
At the time of this filing, ORBS was trading at $0.77 on NASDAQ in the Finance sector, with a market capitalization of approximately $319.9M. The 52-week trading range was $0.57 to $83.12. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.