Eightco Repurchased More Than 55 Million Shares, Sold Part of OpenAI Stake
Eightco said it repurchased more than 55 million shares under its ongoing $125 million capital return program. It sold part of its non-controlling OpenAI investment, realizing an approximately 40% gain on cost basis, and will use the proceeds for additional repurchases.
Eightco Holdings Inc. (NASDAQ: ORBS) announced on October 29, 2026, that it has repurchased more than 55 million shares as part of its ongoing $125 million capital return program. To support these repurchases, the company also sold a portion of its non-controlling investment in OpenAI, realizing a gain of approximately 40% on the cost basis. The proceeds from this divestment are being reallocated to fund additional share repurchases.
The company maintains a significant treasury, valued at approximately $399 million at cost, which includes $132 million in cash and substantial holdings in digital assets such as Worldcoin and Ethereum.