Last mentioned: 3d ago
Funding Announcement
Eightco announces $125M in institutional commitments led by Bitmine and ARK Invest.
Board Restructuring
Tom Lee, Chairman of Bitmine, officially joins the Eightco Board of Directors.
Strategic Advisory Launch
ARK Invest begins providing strategic advisory services for Eightco's technology portfolio.
Eightco (NASDAQ: ORBS) has secured $125 million in institutional commitments to accelerate its pivot into next-generation technology sectors. The funding round, led by Bitmine, ARK Invest, and Payward, positions the company to expand its strategic holdings in high-growth entities like OpenAI and Beast Industries.
Fundstrat’s Tom Lee suggests the recent downturn in artificial intelligence and cryptocurrency markets is nearing its conclusion, viewing the volatility as a tactical reset rather than a structural collapse. Lee maintains that long-term growth drivers for both sectors remain intact, positioning the current dip as a significant entry point for institutional and retail investors.