Eightco Holdings Shares Surge 5,000% After $270 Million Worldcoin Investment
Eightco Holdings has raised $270 million to acquire Worldcoin tokens, linked to OpenAI CEO Sam Altman's digital ID project. Key points include:
- Stock price increased by 5,000% in one day.
- Market value reached $210 million.
- Funding from notable investors such as Kraken and Discovery Capital.
- Plans to change stock ticker to “ORBS”.
- Dan Ives appointed as board chairman.
- Worldcoin has over 26 million users and 12.5 million verified IDs.
Eightco aims to adopt a strategy similar to MicroStrategy’s approach with bitcoin, making Worldcoin its primary treasury asset.