Eightco sells portion of OpenAI stake at 40% above purchase price
ORBS•Eightco Holdings sold a small portion of its indirect OpenAI investment on October 26, 2026, at roughly 40% above its purchase price. The company said repurchases have exceeded 55 million shares, or 12.98% of shares outstanding, since August, and the board intends to use the sale proceeds for further buybacks under its $125 million program.
1. Sale and buybacks
Eightco Holdings sold a small portion of its indirect OpenAI investment on October 26, 2026, at roughly 40% above its purchase price. Since August, share repurchases have exceeded 55 million shares, representing 12.98% of shares outstanding. The board intends to use the sale proceeds for additional buybacks under its $125 million share repurchase program.
