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Eightco updates $380M treasury with key AI, digital ID, and creator economy assets, repurchasing 25M shares.

Market News
03 Sep 2026
PRNewsWire
View Source
Bullish
Eightco updates $380M treasury with key AI, digital ID, and creator economy assets, repurchasing 25M shares.

Eightco Holdings disclosed its treasury composition totaling about $380 million, including $90 million in OpenAI equity, $18 million in Beast Industries equity, nearly 302 million Worldcoin (WLD) tokens, 16,278 Ethereum, and $122 million in cash and equivalents. The company recently repurchased over 25 million shares under a $125 million buyback program, signaling confidence in its portfolio. Eightco's investments focus on three mega-trends: artificial intelligence (OpenAI), digital identity (Worldcoin), and the creator economy (Beast Industries). These strategic holdings position Eightco to benefit from future growth in AI, digital verification, and content creation sectors.

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Ethereum jumps 5% amid easing US-Iran tensions and Fed rate hike doubts, nearing $2,560 resistance.

Ethereum jumps 5% amid easing US-Iran tensions and Fed rate hike doubts, nearing $2,560 resistance.

Ethereum surged about 5% to $2,508 on September 4, driven by easing US-Iran conflict concerns and reduced expectations for a Federal Reserve rate hike. Spot Ethereum ETFs in the US saw a sharp reversal with $141.39 million in inflows, led by BlackRoc...

Market News
Bullish
4 hours ago
Bristol Myers Squibb downgraded to 'Buy' but remains undervalued with strong growth and dividend yield.

Bristol Myers Squibb downgraded to 'Buy' but remains undervalued with strong growth and dividend yield.

Bristol Myers Squibb (BMY) is considered undervalued, trading at a forward P/E of 9.8x with a 3.7% dividend yield. Its growth portfolio now accounts for nearly 60% of revenue, helping offset declines in legacy drugs and supporting 5% year-over-year r...

Analyst Insights
Bullish
4 hours ago
Lululemon stock plunges 19% after earnings miss, hitting 8-year lows despite Michael Burry's confidence.

Lululemon stock plunges 19% after earnings miss, hitting 8-year lows despite Michael Burry's confidence.

Lululemon Athletica's shares dropped sharply by 19.22% to $98.37, reaching their lowest level since 2018 after the company reported disappointing earnings and revenue guidance. The firm missed revenue estimates and forecasted lower sales for Q3 and t...

Company Fundamentals
Bearish
4 hours ago
Insurer Lemonade offers 50% discount on Tesla's self-driving miles, citing safety data.

Insurer Lemonade offers 50% discount on Tesla's self-driving miles, citing safety data.

Lemonade launched a new insurance product in Missouri offering Tesla drivers a 50% discount on miles driven using Tesla's Full Self-Driving (FSD) technology. This discount is based on Lemonade's analysis of crash data showing FSD reduces accident ris...

Market News
Bullish
4 hours ago
Only 12% of tokenized assets meet DeFi standards despite $37B market growth in 2026

Only 12% of tokenized assets meet DeFi standards despite $37B market growth in 2026

The tokenized asset market grew nearly 50% in 2026, reaching $37 billion, but only 12% of these assets are fully integrated into decentralized finance (DeFi) ecosystems, according to Centrifuge's Tokenization Snapshot 2026. Most tokenized assets act ...

Protocol Fundamentals
Neutral
4 hours ago
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