Eightco Holdings Inc. (NASDAQ: ORBS) announced an additional $40 million investment in OpenAI, bringing its total commitment to $90 million in the artificial intelligence company. The investment follows a prior $50 million commitment and now represents approximately 30% of Eightco's total treasury position.

The company's holdings include 277,222,975 WLD tokens, 11,068 ETH, and $76 million in cash and stablecoins. Eightco holds nearly 10% of the current WLD supply in circulation.

"We believe our investment in OpenAI represents a transformative opportunity not only for ORBS, but for our shareholders," said Kevin O'Donnell, CEO of Eightco. "Access to high-growth private companies has historically been limited to institutional investors, and we're proud to offer retail investors meaningful exposure to one of the most important AI companies in the world."

Eightco recently secured $125 million in new funding commitments, including $75 million from Bitmine (NYSE: BMNR), at least $25 million from ARK Invest, and $25 million from Payward, the parent company of crypto platform Kraken. The company also announced a $25 million strategic investment in MrBeast and Beast Industries.

Tom Lee, Chairman of Bitmine, will join Eightco's Board of Directors, while Brett Winton, Chief Futurist at ARK Invest, will serve as an advisor to the board.

"OpenAI is one of the most consequential bets you can make in markets today," said Winton. "We're pleased to support ORBS in building a public market on-ramp to the companies shaping the AI era."

The capital will support Eightco's expansion into investments in artificial intelligence, blockchain infrastructure, and digital consumer platforms.