ORBS Surges 10% in Pre-Market as Eightco Holdings Announces $125 Million Share Buyback Plan
COINOTAG News, December 29 — in early pre-market trading, Eightco Holdings (ORBS) surged more than 10%, lifting its market capitalization to about $329 million. The move reflects continued demand for crypto-adjacent equities and signals growing appetite for liquid assets among traders tracking blockchain-linked issuers.
On the corporate front, Eightco’s board of directors approved a share repurchase plan up to $125 million, a reaffirmation of capital-return discipline aimed at supporting shareholder value amid ongoing market volatility.
Investors will monitor how the buyback interacts with balance sheet fundamentals and growth strategy, with attention to timing and liquidity metrics. This development may bolster confidence in the stock’s resilience within digital asset ecosystems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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