Eightco Secures $125M in Institutional Commitments for Tech Expansion

Eightco Holdings Inc. (NASDAQ: ORBS) has announced a funding boost of $125 million, led primarily by Bitmine, ARK Invest, and Payward. This funding will support Eightco's venture into next-generation technology sectors including AI and blockchain infrastructure. Bitmine has committed $75 million, while ARK Invest and Payward have each committed $25 million.

The company has made significant investments, with $50 million in OpenAI and $25 million in MrBeast's Beast Industries. This positions Eightco as a central player in frontier AI technologies and content creation. In addition, Tom Lee from Bitmine will join Eightco's board, and Brett Winton from ARK Invest will serve as an advisor.