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- Eightco Holdings’ (ORBS) shares rose as much as 25% in early trading after the firm said it secured $125 million in new institutional funding commitments and made $75 million in AI and crypto investments.
- The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an ether (ETH) treasury asset company that holds a near 7% stake in the firm, according to MarketScreener data.
- Bitmine Chairman Tom Lee will join the board.
- ARK Invest, whose chief futurist, Brett Winton, becomes an adviser, and Payward, the parent company of crypto exchange Kraken, each committed to $25 million.
- Several other firms, including Coinfund, Pantera and FalconX, also agreed to support the company.
- Alongside the funding, Eightco said it has already deployed capital into two high-profile investments.
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Nguon tham khao: https://www.coindesk.com/business/2026/03/12/eightco-shares-jump-on-usd125-million-funding-commitment-investment-in-openai-beast-industries