Bitmine's $91M ORBS Stake Sparks Fresh Attention
Bitmine's recent disclosure has brought renewed attention to Eightco Holdings Inc. (ORBS) stock, which trades at $1.0250. The company reported a $91 million stake in ORBS, placing it among its strategic investments and broader 'moonshot' holdings.
The scale of Bitmine's portfolio gives added context to ORBS without making it a core digital asset treasury position. Bitmine valued its combined crypto, cash, marketable securities, and strategic holdings at $15.7 billion during the latest corporate update.
Bitmine also described Eightco as providing indirect exposure to OpenAI through a publicly listed equity structure available to market participants. This connection gives ORBS an angle beyond cryptocurrency because it connects the company with private technology exposure and innovation themes.