ightco Shares Surge 3,800% on Worldcoin Buy
On September 8, 2025, fintech firm Eightco Holdings experienced an extraordinary surge in its shares, skyrocketing by over 3,800% during volatile trading, following a bold announcement to acquire the Worldcoin cryptocurrency through a $250 million fundraising initiative. This massive price surge propelled Eightco stock to unprecedented heights, marking a historic trading session for the small Nasdaq-listed company.
Once a firm focused on inventory management and packaging solutions, Eightco is now pivoting aggressively into the crypto space by announcing its intent to amass Worldcoin (WLD), the crypto token underpinning Sam Altman’s biometric identity verification project, World. The cryptocurrency project aims to create a worldwide digital identity confirmed by iris scans, linking each person's uniqueness to the blockchain and combining AI, identity verification, and crypto into one big system.
Backing the move, Eightco secured $250 million through a private placement priced at $1.46 per share, with the issuance of about 171.2 million shares. The funds raised will directly support the purchase of Worldcoin tokens, which the company intends to hold as its primary treasury reserve asset. This strategy aligns Eightco with other pioneering firms adopting crypto treasury models akin to MicroStrategy’s Bitcoin holdings and BitMine’s Ethereum accumulation.
Supporting Eightco in this venture is BitMine, a significant player in the Ethereum ecosystem, which also contributed $20 million via a separate stock purchase. The partnership underscores broader institutional confidence in Worldcoin’s potential to revolutionise identity verification while serving as a cornerstone cryptographic asset.
Eightco’s board has also welcomed notable figures such as Dan Ives, a prominent Wall Street technology analyst, appointed as chairman. Ives heralds Worldcoin as a vital technology infrastructure essential for the future of artificial intelligence, particularly in distinguishing real human interactions from bots, a growing necessity as AI becomes more integrated into everyday life.
The implications of Eightco’s move extend beyond mere treasury diversification. By positioning Worldcoin at the heart of its strategy, the company aims to capitalise on the intersection of blockchain, biometric privacy, and AI authentication, a space poised for explosive growth amid rising regulatory and technological demands.
As of the latest trading session, shares soared from a close of $1.45 to as high as $82.98 intraday, driven by immense volume that dwarfed historic averages. The company is also set to rebrand its Nasdaq ticker to “ORBS,” reflecting this strategic pivot towards crypto assets.
However, critics admonish concerns over Worldcoin’s biometric data plans and the ethical implications of global iris scanning for token rewards. Supporters counter that Worldcoin employs zero-knowledge proofs and cryptographic methods to safeguard user privacy without storing biometric data.
Even with these discussions, the market reaction to Eightco’s announcement is clear, showing that investors are very interested in new ways to manage money and that cryptocurrency is becoming more accepted as a valuable business asset.
In conclusion, Eightco’s meteoric share price surge on the back of its Worldcoin acquisition plan marks a defining moment in corporate adoption of cryptocurrency. Eightco's innovative approach to biometrics-based cryptocurrency places it at the forefront of emerging technology trends that connect AI, identity, and blockchain finance.
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