Bitmine Invests $91M in Eightco Holdings, Boosting ORBS Shares
ORBS shares saw a significant increase of 13.9% to $1.0250 following the announcement by Bitmine that it has invested $91 million in Eightco Holdings, which includes ORBS.
The investment is notable given Bitmine's large portfolio of $15.7 billion, with a focus on Ethereum, holding 5.93 million ETH and strategic investments in crypto and tech.
This stake gives ORBS added visibility through Bitmine's indirect exposure to OpenAI, connecting it to broader technology innovation themes.