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Eightco Holdings (ORBS) shares surged 21%, driven by major buybacks and financial updates

2026-09-04 03:12:12
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ORBS share buybacks supported strong gains;Worldcoin positions constituted the main treasury risk exposure; Ethereum holdings increased by another digital asset component; access to three free stock e-books.

ORBS shares rose 21% after Eightco expanded its main share repurchase program. Eightco reported that its cryptocurrency, cash and private technology investments totaled approximately $380 million. Worldcoin remains the main treasury position, holding nearly 302 million WLD tokens. Eightco holds 16,278 ETH units and also invests in OpenAI and Beast Industries. Share buybacks and treasury risk exposure drove Eightco's share price sharply higher.

Eightco Holdings (ORBS) shares surged 21.18% to $1.0150 after the latest treasury and share repurchase updates. The stock's intraday rally extended to US$1.04 near its intraday high, and the market reacted strongly. Updates show that its total holdings reached US$380 million and it has repurchased more than 25 million shares in the past month.

ORBS repurchase supports strong stock gains

Eightco said it has repurchased more than 25 million shares of common stock in the past month. The repurchase is part of the previously announced $125 million share repurchase plan. The company also announced updated details of its treasury assets and strategic private investments.

As of September 2, Eightco reported total positions of approximately US$380 million, covering multiple asset classes. Among them, cash and stable currencies accounted for approximately US$122 million. The portfolio also includes digital assets and equity in a number of private technology companies.

Eightco's treasury is built around artificial intelligence, digital identity and the creator economy. The company uses OpenAI, Worldcoin and Beast Industries as its main exposure to these topics. As a result, this update connects share buybacks to the company's broader treasury structure.

Worldcoin positions constitute the main treasury risk exposure

As of September 2, Eightco held 301,971,219 Worldcoin tokens. The company conducts an updated treasury valuation of its WLD positions at US$0.37 per stake. This position represents approximately 29% of Eightco's reported treasury assets.

The company said its WLD position accounted for approximately 8.3% of its circulating supply. Eightco said this was its largest publicly disclosed position in Worldcoin. This exposure ties its treasury strategy to digital identity infrastructure and the growth of the World Network.

World extended its identity technology with the open source release of ProveKit on September 2. The toolkit supports zero-knowledge credentials and already supports privacy features within World ID. Eightco emphasized that this development is related to its digital identity exposure and long-term treasury themes.

Ethereum positions add another digital asset component

Eightco also reported holding 16,278 Ethereum tokens in the latest treasury update. The company does not allocate a separate portfolio percentage to ETH positions. But Ethereum remains one of the main digital assets in its treasury portfolio.

In addition to cryptocurrencies, Eightco also reported making a $90 million indirect investment in OpenAI through special purpose vehicles. In addition, it listed an $18 million funded investment in Beast Industries. Another $1 million position gave the company exposure to Mythical Games and the gaming industry.

OpenAI's risk exposure accounts for approximately 24% of treasury assets, and Beast Industries accounts for approximately 5%. At the same time, the company maintains a large amount of liquidity reserves through cash and stablecoin positions. The integrated investment portfolio gives ORBS exposure to private technology companies, digital assets and liquidity positions.

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