Eightco increases investment in OpenAI after BitMine’s Tom Lee joins the board

After a 40 million USD investment, Eightco’s total funding into OpenAI reaches 90 million USD, making up 30% of its treasury. CEO Kevin O’Donnell noted this provides retail investors better access to high-growth enterprises.

Tom Lee, Chairman of BitMine, has joined Eightco’s board. Notably, Eightco also manages 11,068 ETH worth about 23.6 million USD and 76 million USD in cash and stablecoins.

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