Eightco Holdings Inc. (NASDAQ: ORBS) announced on October 26, 2026, that its wholly owned subsidiary, AI Innovation Capital LLC, completed the sale of a portion of its indirect interest in OpenAI Group, PBC. The transaction was executed through a single-purpose vehicle and generated aggregate gross cash proceeds of approximately $20.0 million.
According to the company’s press release dated October 29, 2026, the shares sold were priced at a level roughly 40% above Eightco’s initial purchase price. The company stated that this monetization highlights appreciation within the portfolio that is not reflected in the reported treasury figures, which are held at cost.
The filing notes that Eightco has repurchased more than 55 million shares of its common stock under a previously announced $125 million share repurchase program. Since August 2026, the company has repurchased 12.98% of its shares outstanding. The company intends to utilize the proceeds from the OpenAI sale to accelerate the pace of these share repurchases.
As of October 28, 2026, Eightco’s treasury composition included approximately $76 million in OpenAI equity (indirect), $18 million in Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $132 million in cash and equivalents, totaling approximately $399 million.
