Exhibit 99.1
Eightco
Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $472 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH
and Over 283 Million WLD Tokens
Eightco
treasury composition as of June 18, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings,
and $149M cash and equivalents, totaling approximately $472 million
OpenAI
recently announced that it submitted a confidential S-1, setting itself up for an initial public offering
World
offers a solution to the ‘double human’ problem in a world proliferating with deepfakes
Eightco
provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries
EASTON,
Pa., June 18, 2026 /PRNewswire/ Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco” or the “Company”) today provided
an update on its total holdings, highlighting its growing position across digital assets and strategic investments in leading private
technology companies.
As
of June 17, 2026, at 7:30 p.m. ET, ORBS’ holdings include a $90 million investment (indirectly, through SPVs) in OpenAI, an $18
million funded investment in Beast Industries, a $1 million investment in Mythical Games, 283,452,700 Worldcoin (WLD) at $0.66 per WLD
(per Coinbase), 16,278 Ethereum (ETH), and approximately $149 million in total cash and stablecoins, for total holdings of approximately
$472 million.
Top
Headlines Driving the News:
ORBS
management believes the Company’s treasury portfolio holds some of the most critical components for the future AI and digital financial
system. Among the holdings, key highlights in recent weeks are:
| ● | Recently,
SpaceX announced a $60 billion acquisition of Cursor to strengthen its AI software and coding
capabilities through its AI division. Cursor is one of the fastest-growing AI coding platforms
and has become a major enterprise AI product. This acquisition continues to reinforce investor
appetite for AI infrastructure and productivity software (Reuters). |
| | | |
| ● | This
week, MrBeast broke another record by reaching 500 million subscribers on Youtube, becoming
the first creator to achieve this milestone (TheWrap). |
“AI
companies going public is a positive development for the entire sector. As investors gain more exposure to AI leaders, interest often
expands across the ecosystem, creating greater visibility and opportunity for companies like ORBS,” said Thomas “Tom”
Lee, Board Member of Eightco.
Eightco:
Exposure to key mega-trends
Eightco
is built around three mega-trends the Company expects to shape the next decade of innovation: artificial intelligence, digital identity,
and the creator economy, with positions in each trend through indirect investment in OpenAI (19% of ORBS’ treasury holdings), Worldcoin
(39%), and Beast Industries (4%).
Artificial
Intelligence — OpenAI
Eightco
has invested approximately $90 million in special purpose vehicles with exposure to equity interests in the parent company of OpenAI,
representing approximately 19% of treasury assets, one of the highest disclosed concentrations of any listed vehicle.
ChatGPT,
OpenAI’s consumer app, is the #1 consumer AI app worldwide (Sensor Tower) and crossed 900 million weekly active users in
February 2026, making it the fastest-scaling consumer technology in history (UBS via Reuters).
Digital
Identity — WLD Token
Eightco
holds over 283 million WLD, approximately 8.3% of circulating supply, the largest publicly disclosed institutional position globally
and approximately 39% of the Eightco treasury’s assets.
Worldcoin
is the native token of World, a global Proof of Human network built by Tools for Humanity (co-founded by Sam Altman and Alex Blania)
and stewarded by the World Foundation. Its Orb devices issue a privacy-preserving World ID that verifies a user is a unique human, not
an AI agent.
Under
World’s announced business model, applications pay per-verification fees while end-user verification remains free, with
both credential issuers and the World protocol monetizing verified-human authentication. World identifies a $6.35 trillion combined addressable
revenue opportunity across 13 industries spanning banking, e-commerce, gaming, social media, and agentic AI (per Tools for Humanity).
Creator
Economy — Beast Industries
Eightco
has invested $18 million in Beast Industries equity, approximately 4% of treasury assets.
Beast
Industries operates one of the largest direct-to-consumer reach footprints in the world, with a combined 500 million-plus follower base
across platforms, anchored by MrBeast as the most-watched person on YouTube globally. As AI commoditizes content production, distribution
and audience trust become increasingly scarce assets.
About
Eightco Holdings Inc.
Eightco
Holdings Inc. (NASDAQ: ORBS) is a publicly traded company executing a first-of-its-kind Worldcoin (WLD) treasury strategy, providing
investors single-ticker indirect exposure to three of the defining trends of this cycle: artificial intelligence through its indirect
investment in OpenAI, digital identity through its position as the largest public holder of WLD and the Proof of Human protocol, and
the creator economy through its equity stake in MrBeast’s Beast Industries. Backed by leading institutional investors including
Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken,
Pantera, and GSR, Eightco is building the infrastructure layer for human verification in the agentic AI era.
For
more information:
X:
@iamhuman_orbs
Website:
8co.holdings
Frequently
Asked Questions
What
is ORBS stock?
Eightco
Holdings Inc. (NASDAQ: ORBS) is a publicly traded company on Nasdaq. ORBS provides indirect exposure to: OpenAI and Beast Industries.
Who
owns the most Worldcoin (WLD)?
Eightco
Holdings (NASDAQ: ORBS) holds 283 million WLD, approximately 8.3% of circulating supply and the largest publicly disclosed institutional
position globally.
What
is Proof of Human?
Proof
of Human is cryptographic verification that a user is a unique, living person, not a bot or AI agent. It is foundational infrastructure
for social networks, banking, agentic commerce, and any system requiring “one person, one account” in the agentic AI era.
How
does Eightco (ORBS) relate to Proof of Human?
Eightco
Holdings (NASDAQ: ORBS) is the largest publicly disclosed institutional holder of Worldcoin (WLD), the token powering World’s Proof
of Human network.
Who
is the CEO of Eightco Holdings?
Kevin
O’Donnell is the CEO of Eightco Holdings (NASDAQ: ORBS). The Company’s Board includes Tom Lee (Managing Partner and Head
of Research at Fundstrat, and Chairman of Bitmine Immersion Technologies (NYSE: BMNR)) and, as an advisor to the Board, Brett Winton
(Chief Futurist at ARK Invest).
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements
in this press release other than statements of historical fact could be deemed forward-looking, including, without limitation, statements
regarding: the Company’s expectations that artificial intelligence, digital identity, and the creator economy will shape the next
decade of innovation; the Company’s belief that its treasury portfolio holds some of the most critical components for the future
AI and digital financial system; statements regarding the potential for a direct listing or initial public offering of OpenAI following
its submission of a confidential S-1; Tom Lee’s statement that AI companies going public is a positive development for the entire
sector and that as investors gain more exposure to AI leaders, interest often expands across the ecosystem, creating greater visibility
and opportunity for companies like ORBS; statements regarding ChatGPT being the fastest-scaling consumer technology in history; beliefs
that Proof-of-Human verification is becoming essential infrastructure for social networks, banking, agentic commerce, and financial systems
in the agentic AI era; statements that World offers a solution to the “double human” problem in a world proliferating with
deepfakes; statements regarding World’s addressable revenue opportunity of $6.35 trillion across industries spanning banking, e-commerce,
gaming, social media, and agentic AI; statements regarding the Company’s position as the largest publicly disclosed institutional
holder of WLD globally; statements that distribution and audience trust become increasingly scarce assets as AI commoditizes content
production; and statements regarding the Company building the infrastructure layer for human verification in the agentic AI era. Words
such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,”
“advance,” “develop,” “believes,” “guidance,” “target,” “may,”
“remain,” “project,” “outlook,” “intend,” “estimate,” “could,”
“should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements,
although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs
and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ
materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the Company’s
inability to direct the management or operations of private businesses where the Company is not a controlling stockholder, including
OpenAI and Beast Industries; risk of loss or markdown on the Company’s strategic investments, including its indirect position in
OpenAI equity (held through special purpose vehicles), its position in WLD, and its position in Beast Industries equity; the Company’s
ability to maintain compliance with Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce
the Company’s capital resources or otherwise delay capital deployment; inability to raise adequate capital to fund or scale its
business operations or strategic investments; volatility in digital asset prices, including WLD and ETH, which could materially affect
the value of the Company’s treasury holdings; regulatory changes, future legislation and rulemaking negatively impacting digital
assets, artificial intelligence adoption, or biometric data collection; risks related to the development, adoption, and market acceptance
of Proof-of-Human technology and the World network; uncertainty regarding the pace and trajectory of agentic AI deployment in enterprise
and consumer applications; uncertainty regarding OpenAI’s product roadmap and the timing or success of any IPO or direct listing;
risks related to Beast Industries’ ability to achieve its growth projections; competition in the digital identity and AI infrastructure
markets; reliance on third-party sources for the valuation of certain investments; uncertainty regarding MrBeast’s continued success
and the performance of Beast Industries’ creator-driven business model; risks related to the Company’s concentrated positions
in certain digital assets and private company investments; and shifting public and governmental positions on digital assets or artificial
intelligence-related industries. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking
statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s
actual results to differ from those contained in the forward-looking statements herein, see Eightco’s filings with the Securities
and Exchange Commission (the “SEC”), including the risk factors and other disclosures in its Annual Report on Form 10-K filed
with the SEC on April 15, 2026 and other publicly available SEC filings. All information in this press release is as of the date of the
release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such
statements to reflect future events or developments, except as required by law.
SOURCE
Eightco Holdings (NASDAQ: ORBS)
MEDIA
CONTACT:
Marcy
Simon
Marcy@agentofchange.com
+1
917 833 3392
