▲ Bitmine, Tom Lee, Kraken, Artificial Intelligence (AI), Blockchain/AI-generated image

Bitmine, led by Chairman Tom Lee, a heavyweight in the digital asset industry, has forged a historic capital alliance combining artificial intelligence and blockchain through a large-scale investment in Eightco.

According to digital asset media outlet Decrypt on March 12 (local time), Eightco successfully secured a total of $125 million in institutional investment from Bitmine, ARK Invest, and Payward, the parent company of Kraken. The funding round was led by Bitmine with a $75 million investment, while ARK Invest and Payward each contributed $25 million. Following the announcement, Eightco’s stock surged more than 48.3% in pre-market trading, demonstrating strong market interest.

The core of this investment goes beyond mere capital injection, extending to strategic leadership integration. Tom Lee has officially joined Eightco’s board of directors, stepping directly into a frontline management role, while Chairman Dan Ives stepped down as part of the restructuring. Lee emphasized that Eightco sits at a critical intersection essential to the future of artificial intelligence, underscoring the strategic nature of the investment.

With the secured funds, Eightco has completed aggressive investments in major artificial intelligence companies, allocating $50 million to OpenAI and $25 million to Beast Investments. Eightco currently stands as the world’s largest Worldcoin treasury company, holding approximately 10% of Worldcoin’s circulating supply, while also managing Ethereum as a core asset.

As Bitmine, which holds more than 4.5 million Ethereum, joins forces with Eightco, corporate treasury strategies centered on digital assets have entered a new phase. With leading futurist Brett Winton joining as a board advisor, Eightco is accelerating the convergence of blockchain infrastructure and the AI ecosystem, evolving into a key force reshaping the global technology investment landscape.

*Disclaimer: This article is for investment reference only, and no responsibility is taken for any investment losses arising from it. The content should be interpreted for informational purposes only.*

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