Eightco Holdings (OCTO)

• Market cap: $3.64M
• 1 day: 1.36%
• 5 days: -6.88%
• 1 month: -14.86%
• 3 months: -41.57%
• 6 months: -42.02%
• Year to date: -40.40%
• 1 year: -40.16%
• 5 years: -98.04%
• 10 years: -98.04%
• Sector: Financials
• Industry: Short-term Business Credit Institutions

About: Eightco Holdings Inc operates in three main businesses: Forever 8 Inventory Cash Flow Solution, Web3 Business, and Packaging Business. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business. Web3 Business but has no intention of continuing this business at this time. The Packaging Business manufactures and sells custom packaging for a wide variety of products and helps customers generate brand awareness and promote brand image through packaging. The Company's two reportable segments were the Inventory Management Solutions segment and the Corrugated segment. Key revenue is generated from Inventory Management Solutions segment.

Employees: 22

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

105% more capital invested

Capital invested by funds: $51.6K [Q2] → $106K (+$54.1K) [Q3]

0.84% more ownership

Funds ownership: 1.27% [Q2] → 2.12% (+0.84%) [Q3]

41% less funds holding

Funds holding: 17 [Q2] → 10 (-7) [Q3]

78% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 9

86% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 7