Eightco Holdings announced a $250M raise to implement a Worldcoin treasury strategy, purchasing and holding Worldcoin (WLD) as a primary reserve asset; the move sent Eightco shares sharply higher and lifted WLD prices as the company adds BitMine and institutional investors to the offering.
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Eightco commits to Worldcoin treasury to hold WLD as a primary reserve asset.
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Private placement targets roughly $250 million, including a $20M purchase by BitMine Immersion Technologies.
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Stock surged ~3,000% intraday; Worldcoin (WLD) rose over 49% in 24 hours and 80% over seven days.
Eightco Worldcoin treasury: Eightco Holdings plans a $250M Worldcoin buy-and-hold treasury; read details and market impact—stay informed with COINOTAG.
The largest corporate Ether holder, Bitmine, backed Eightco Holdings $270 million plan to buy and hold the token of the eyeball-scanning crypto project Worldcoin.
What is Eightco’s Worldcoin treasury plan?
Eightco Worldcoin treasury is a proposed strategy in which Eightco Holdings plans to raise roughly $250 million via a private placement to buy and hold Worldcoin (WLD) as a primary treasury reserve asset, with the option to acquire Ether (ETH) as a secondary holding.
Shares in Eightco Holdings, an e-commerce inventory management platform, rocketed over 3,000% in a day after the announcement. The company disclosed a private placement of 171.23 million common shares at $1.46 each to support the strategy.
Who is backing the offering and what are the key purchases?
BitMine Immersion Technologies, noted as the largest public holder of Ether among firms, purchased 13.7 million common shares for $20 million. The offering also listed participation from institutional names in company statements, and Eightco said participation includes a number of market participants and crypto firms. The company expects the offering to settle on Thursday.
Eightco’s stock surged on Monday after announcing its Worldcoin treasury. Source: Google Finance
How did the market react to the announcement?
Eightco shares closed Monday up nearly 3,009% at $45.08, after an intraday high above $80 and a prior close of $1.45. The rally cooled slightly after hours. Worldcoin (WLD) jumped 49.2% in the 24 hours following the news and was up roughly 80.5% over seven days.
What does this mean for corporate crypto treasuries?
The move continues a broader trend of non-crypto firms allocating to digital assets as reserve assets. This pattern raises questions about corporate balance-sheet risk, liquidity management, and regulatory oversight. Industry observers point to previous corporate crypto treasuries from firms such as ARK Invest and various public companies that increased crypto exposure earlier in the market cycle.
Why is Worldcoin significant in this announcement?
Worldcoin is the token issued by the World Network project, which uses iris-scanning hardware to authenticate humans and distribute tokens. The project is associated with Sam Altman and aims to verify unique humans online.
Worldcoin’s trajectory has been volatile: after an all-time low around $0.58 in April 2025, WLD rebounded strongly but remains down about 87% from its $11.74 peak in early March 2024.
What governance and regulatory issues are relevant?
World Network and Worldcoin have faced scrutiny and regulatory restrictions in several jurisdictions over privacy and data protection concerns tied to biometric collection. Eightco’s treasury plan references the token and the project’s ecosystem while noting ongoing regulatory considerations in public disclosures. Mentioned sources include public statements from Sam Altman and reporting by multiple news outlets (plain text references only).
Frequently Asked Questions
How much is Eightco aiming to raise for the Worldcoin treasury?
Eightco is targeting roughly $250 million via a private placement of 171.23 million common shares priced at $1.46 each, with proceeds earmarked to acquire Worldcoin (WLD) as a primary reserve asset.
Will Eightco hold Ether as part of its reserves?
Yes. Eightco stated it may acquire Ether (ETH) as a secondary treasury asset while prioritizing Worldcoin (WLD) as its primary reserve.
Who joined Eightco’s board as chairman and why does it matter?
Dan Ives, head of tech research at Wedbush Securities, was named chairman. His appointment signals a strategic tilt toward AI-driven authentication and highlights investor interest in the intersection of AI and crypto identity solutions.
Key Takeaways
- Primary move: Eightco plans a $250M private placement to buy and hold Worldcoin as a treasury reserve.
- Market impact: Shares soared ~3,000% and WLD gained sharply within 24 hours.
- Risks: Corporate crypto treasuries raise liquidity, accounting, and regulatory considerations; Worldcoin’s biometric model faces privacy scrutiny.
Conclusion
Eightco’s Worldcoin treasury announcement marks a notable instance of corporate crypto accumulation, driving a dramatic stock surge and renewed attention to Worldcoin (WLD). Investors should weigh potential upside in WLD against regulatory and liquidity risks, and monitor updates from Eightco and industry statements for further developments. For continuing coverage, see updates from COINOTAG.
