Eightco Boosts OpenAI Investment After BitMine’s Tom Lee Joins Board

In brief

• Eightco invested another $40 million in ChatGPT firm, OpenAI.
• The company now has $90 million in total investment into OpenAI, representing around 30% of its holdings.
• Shares of Eightco (ORBS) are down slightly on the day, but have fallen nearly 93% in the last six months.