Eightco Holdings (NASDAQ: ORBS) disclosed a treasury totaling approximately $386 million as of July 1, 2026, comprising an indirect stake in OpenAI, a position in Beast Industries, 16,278 $ETH, 283 million Worldcoin (WLD) tokens, and $149 million in cash and cash equivalents. The disclosure maps every significant asset the company is long on — and the picture that emerges is one of concentrated bets across private-market AI equity and large-scale digital assets.
What a Treasury Disclosure Actually Tells Investors
A corporate treasury disclosure is the company's own accounting of what it holds outside its operating business. It matters because the composition reveals which markets the company is exposed to, beyond whatever its products or services produce — in other words, it shows where management has placed the firm's capital at risk.
Eightco's single largest dollar line is cash: $149 million in cash and cash equivalents. That is followed by a $90 million indirect OpenAI stake — indirect meaning Eightco does not hold the equity directly but through an intermediary vehicle. OpenAI remains a private company. The Beast Industries position is valued at $18 million. Those three items together account for $257 million of the roughly $386 million total.
A Large Crypto Book: ETH and WLD
The balance of the treasury sits in digital assets. Eightco holds 16,278 $ETH, the native token of the Ethereum network, and 283 million WLD tokens. The source does not assign separate dollar values to these two positions; only the aggregate treasury figure of approximately $386 million is reported.
The WLD position is the detail most likely to draw scrutiny. Worldcoin is a digital identity and currency project; 283 million tokens is a large, concentrated holding in a single asset. In supply-chain terms, Eightco is carrying meaningful inventory risk here — the value of that inventory is tied entirely to how the WLD market prices those tokens on any given day.
Why the OpenAI Angle Is Worth Watching
The $90 million OpenAI stake is the second-largest named item in the book, surpassed only by cash. For a NASDAQ-listed company, a nine-figure indirect position in the world's most prominent private AI firm is not a footnote — it is a defining allocation. The disclosure does not detail the structure of that indirect exposure, which leaves open questions about liquidity and any transfer restrictions that might apply to a stake in a company that has not yet gone public.
Beast Industries, at $18 million, is the smallest named equity position and receives no further description in the disclosure.