In brief Eightco raised $250M to buy Worldcoin and changed its ticker to ORBS in a crypto treasury pivot. BitMine backed Eightco with $20M and called the Worldcoin play its first big “moonshot” investment. Eightco bet on Worldcoin over Bitcoin or ETH, sparking questions about the strategy. Eightco Holdings Inc. shares surged more than 3,000% Monday after the obscure e-commerce …
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Eightco (OCTO) stock saw massive gains on Monday after the technology and financial company announced a $250 million private placement. The company will sell 171,232,877 shares of OCTO stock priced at $1.46 each. Alongside this were 13,698,630 shares offered to BitMine at $1.46 each, representing an additional $20 million. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock …
Read More »The crypto treasury strategy has proliferated in 2025, and it’s lured some well known Wall Street analysts to join the party in leadership roles at firms that are amassing vast troves of tokens. Dan Ives is the latest getting in on the crypto rush. The senior equity research analyst at Wedbush Securities, who has a large public following for his …
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