The post Eightco Shares Skyrocket on Worldcoin Treasury Move and BitMine Backing appeared on BitcoinEthereumNews.com.

Eightco Holdings, a company offering cash-flow support and packaging services for online sellers, recorded one of the sharpest market moves of the year after unveiling a plan to allocate its corporate treasury primarily to Worldcoin. The company also secured fresh backing from BitMine, a crypto mining firm with an extensive Ethereum portfolio, fueling speculation about whether digital identity tokens could play a greater role in corporate reserves. Historic Rally and Treasury Restructuring On Monday, Eightco shares closed at $45.08 after trading as low as $1.43 only three days earlier. The stock briefly hit an intraday high of $83.12, representing a gain of more than 5,000% at one point during the day. The surge followed Eightco’s announcement that it raised $250 million through a private placement to purchase Worldcoin (WLD) tokens. Sponsored Sponsored Eightco’s stock chart (Nasdaq-listed). Source: Yahoo Finance The move marked the first publicly traded company committed to structuring its reserves primarily around Worldcoin. The controversial project uses biometric devices known as Orbs to verify human identity and distribute WLD tokens. According to CoinGecko data, Worldcoin jumped 49% on the same day, reaching $1.54 and touching its highest price in seven months. Eightco also confirmed that it will change its Nasdaq ticker from OCTO to ORBS on September 11, 2025. The ticker adjustment underscores the company’s intention to brand itself around World’s identity-driven ecosystem, reflecting a strategic departure from its origins as a small e-commerce operator. Eightco’s initiative gained further momentum when BitMine invested $20 million into the company. BitMine, which already holds over two million Ether valued at roughly $9 billion, described the transaction as its first “moonshot” bet. For BitMine, the deal signals a willingness to diversify from mining and Ethereum accumulation into projects at the intersection of blockchain and digital identity infrastructure. While Eightco’s reserves will…

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Filed under: News - @ September 9, 2025 2:23 am