Bitmine Immersion reports 13.7M Eightco (ORBS) shares as 10% owner
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Eightco Holdings Inc. filed an initial ownership report showing that Bitmine Immersion Technologies, Inc. is a significant shareholder. The Form 3 indicates Bitmine directly holds 13,698,630 shares of Eightco common stock, reflecting an existing position as a ten percent owner rather than a new buy or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BITMINE IMMERSION TECHNOLOGIES, INC.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,698,630 shares (Direct)
Footnotes (1)
FAQ
What does the Eightco Holdings Inc. (ORBS) Form 3 filing show?
The Form 3 shows existing ownership by Bitmine Immersion Technologies. It reports Bitmine as a ten percent owner of Eightco Holdings Inc., disclosing a direct holding of 13,698,630 shares of common stock, without indicating any new purchase or sale.
Is the Eightco Holdings (ORBS) Form 3 a buy or sell transaction?
The Form 3 does not report a buy or sell transaction. It is an initial ownership filing that simply discloses Bitmine Immersion Technologies’ existing direct holding of 13,698,630 Eightco common shares as a ten percent owner.
Who is the reporting person on the Eightco Holdings Form 3?
The reporting person is Bitmine Immersion Technologies, Inc. The filing identifies Bitmine as a ten percent owner of Eightco Holdings Inc., with direct ownership of 13,698,630 common shares and no role as a director or officer.
What type of security is reported in Eightco Holdings’ Form 3?
The Form 3 covers Eightco’s common stock. Bitmine Immersion Technologies, Inc. is shown as directly holding 13,698,630 shares of Eightco Holdings Inc. common stock, reflecting its status as a ten percent beneficial owner.