{"id":871737,"date":"2025-09-09T21:12:53","date_gmt":"2025-09-10T02:12:53","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/09\/eightco-shares-skyrocket-on-worldcoin-treasury-move-and-bitmine-backing\/"},"modified":"2025-09-09T21:12:53","modified_gmt":"2025-09-10T02:12:53","slug":"eightco-shares-skyrocket-on-worldcoin-treasury-move-and-bitmine-backing","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/09\/eightco-shares-skyrocket-on-worldcoin-treasury-move-and-bitmine-backing\/","title":{"rendered":"Eightco Shares Skyrocket on Worldcoin Treasury Move and BitMine Backing"},"content":{"rendered":"<div>\n<ul>\n<li>Eightco stock soars over 3,000% after unveiling Worldcoin-based corporate treasury strategy.<\/li>\n<li>Crypto miner BitMine invests $20 million in Eightco, calling it its first moonshot.<\/li>\n<li>Worldcoin price jumps nearly 50% to seven-month high as corporate adoption interest grows.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p><strong>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. <\/strong><\/p>\n<p>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.<\/p>\n<h2>Historic Rally and Treasury Restructuring<\/h2>\n<p>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\u2019s announcement that it raised $250 million through a private placement to purchase Worldcoin (WLD) tokens.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/assets.beincrypto.com\/img\/s7DMfxmsdcmbwLkFh3Fp4WgMxUk=\/smart\/5188ad31ddc6419aa31b3f243f94d218\" alt><figcaption>Eightco\u2019s stock chart (Nasdaq-listed). Source: <a href=\"https:\/\/finance.yahoo.com\/quote\/OCTO\/\">Yahoo Finance<\/a><\/figcaption><\/figure>\n<p>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.<\/p>\n<p>Eightco also confirmed that it will change its Nasdaq ticker from OCTO to ORBS on September 11, 2025. The ticker adjustment underscores the company\u2019s intention to brand itself around World\u2019s identity-driven ecosystem, reflecting a strategic departure from its origins as a small e-commerce operator.<\/p>\n<p>Eightco\u2019s 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 \u201cmoonshot\u201d 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.<\/p>\n<p>While Eightco\u2019s reserves will focus on Worldcoin, the company may keep cash and Ethereum as secondary assets, potentially adding other cryptocurrencies later. The firm indicated that Ethereum, in particular, could act as a \u201csibling network\u201d in a broader strategy, complementing World without displacing its primary role.<\/p>\n<h2 id=\"h-beyond-worldcoin\">Beyond Worldcoin<\/h2>\n<p><a href=\"https:\/\/beincrypto.com\/learn\/worldcoin-price-prediction\/\">Worldcoin<\/a>, launched in 2023 and rebranded as <a href=\"https:\/\/beincrypto.com\/learn\/buy-worldcoin-platforms\/\">\u201cWorld\u201d in 2024<\/a>, was co-founded by OpenAI CEO Sam Altman and has a total supply of 10 billion WLD tokens. Earlier this year, the project <a href=\"https:\/\/beincrypto.com\/world-launch-in-us\/\" target=\"_blank\" rel=\"noreferrer noopener\">expanded <\/a>its Orb rollout to six major US cities\u2014Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco\u2014strengthening its footprint as it seeks wider adoption of biometric-based identity verification.<\/p>\n<p>Eightco\u2019s decision highlights how some companies are experimenting with digital identity projects not only as technology bets but also as components of corporate finance. The surge in its share price, combined with BitMine\u2019s participation, suggests investors are paying closer attention to whether tokens tied to identity infrastructure could evolve into institutional-grade reserve assets.<\/p>\n<\/div>\n<div>\n<p>Disclaimer<\/p>\n<div>\n<p>In adherence to the <a href=\"https:\/\/beincrypto.com\/trust-project\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our <a href=\"https:\/\/beincrypto.com\/terms-and-conditions\/\" target=\"_blank\" rel=\"noopener noreferrer\">Terms and Conditions<\/a>, <a href=\"https:\/\/beincrypto.com\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">Privacy Policy<\/a>, and <a href=\"https:\/\/beincrypto.com\/disclaimer\/\" target=\"_blank\" rel=\"noopener noreferrer\">Disclaimers<\/a> have been updated.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/beincrypto.com\/eightco-shares-skyrocket-on-worldcoin-treasury-move-and-bitmine-backing\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Shigeki Mori<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eightco stock soars over 3,000% after unveiling Worldcoin-based corporate treasury strategy. Crypto miner BitMine invests $20 million in Eightco, calling it its first moonshot. Worldcoin price jumps nearly 50% to seven-month high as corporate adoption interest grows. Eightco Holdings, a company offering cash-flow support and packaging services for online sellers, recorded one of the sharpest<\/p>\n","protected":false},"author":1,"featured_media":871738,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146206,702],"tags":[],"class_list":["post-871737","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eightco","category-shares"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/871737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=871737"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/871737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/871738"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=871737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=871737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=871737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}