Key Highlights

  • Shares are trading 14.01% higher at $0.8868 on Thursday, October 29, 2026, against an implied prior close near $0.7778 (calculated).
  • Total treasury holdings stood at about $391 million on July 26, 2026, compared with about $406 million on July 15.
  • The treasury included 301,971,219 Worldcoin tokens, about 28% of holdings, along with $90 million tied to OpenAI through special purpose vehicles.
  • Second-quarter revenue dropped 72.7% to $2.1 million, yet net income reached $17.7 million on a $29.3 million digital asset gain.
  • On December 29, 2025 the board authorised a share buyback of up to $125 million.

Eightco Shares Climb: What Explains the 14.01% Penny Stock Gain Without a Dated Release?

Eightco Holdings (NASDAQ:ORBS) shares are trading 14.01% higher at $0.8868 on Thursday, October 29, 2026. The implied prior close is about $0.7778 (calculated from the price and the move). No company announcement dated on or just before the session accompanied the gain.

Eightco is based in Easton, Pennsylvania, and follows a digital asset treasury strategy. Holdings span the Worldcoin token (WLD), ether, cash and stablecoins, plus private stakes including an indirect OpenAI position and Beast Industries equity.

Moves this size are common below $1.00, and the gain cannot be tied to a specific event.

Eightco Treasury Detail: What Did the July Releases Disclose on OpenAI, Worldcoin and Cash?

A release of Monday, July 27, 2026 put total holdings at about $391 million as of July 26. The total included $90 million tied to OpenAI through special purpose vehicles (about 23% of holdings), $18 million of Beast Industries equity, a $1 million Mythical Games investment, 16,278 ether, and about $142 million of cash and stablecoins.

The Worldcoin position was 301,971,219 tokens at $0.36 each, roughly $108.7 million (calculated), about 28% of holdings. On July 15 it reported about $406 million, with 283,452,700 tokens at $0.41 and about $148 million of cash and stablecoins.

The July 27 release put its tokens at about 8% of circulating supply and said daily WLD issuance fell about 43% to 2.9 million tokens once a three-year unlock period finished on July 24.

Eightco Quarterly Figures: How Does a $17.7 Million Profit Sit Beside a Six-Month Loss?

Revenue for the second quarter of 2026 was $2.1 million, 72.7% lower than a year before, with gross profit of $0.1 million. Net income of $17.7 million compared with a $1.2 million loss a year earlier, helped by a $29.3 million digital asset fair value gain.

Over the six months to June 30, revenue was $9.6 million, a 44.9% decline, and the net loss reached $58.4 million, including a $37.2 million net loss on digital assets and a $5.2 million impairment.

At June 30 it held $11.0 million of cash, $50.9 million of short-term investments and $228.0 million of digital assets. Management said liquidity covers at least twelve months and warned Forever 8 revenue could be materially reduced or eliminated, as one customer makes up 99% of it.

Eightco Buyback Authorisation: Does the $125 Million Programme Carry Weight at Sub-$1 Prices?

On Monday, December 29, 2025 the board approved a share buyback of up to $125 million. The material available gives neither the amount repurchased nor the current share count.

Next Checkpoints: Treasury Updates, the Quarterly Report and Worldcoin Supply

The next treasury update, the third-quarter report and the Worldcoin price bear watching, with the token roughly a quarter of holdings. Until a dated announcement appears, company news does not explain the move on Thursday, October 29, 2026.