Particle.news
Download on the App Store
42 ARTICLES
·
last wk.

Eightco Unveils $250 Million Worldcoin Treasury Plan as Stock Soars Ahead of Expected Sept. 11 Close

The company will rebrand to ORBS, signaling the first corporate reserve dedicated to Worldcoin.

Image
Worldcoin breaks out of bullish pattern, rallies 11% - Is $1.5 next?
Worldcoin Treasury push sparks 100% price gains, but how far is the ATH now?
Tom Lee's BitMine and Eightco partner on first-ever Worldcoin treasury

Overview

  • Eightco announced a $250 million private placement to acquire Worldcoin for its treasury, alongside a $20 million strategic investment from BitMine, in a deal led by MOZAYYX with participation from World Foundation, Pantera, Kraken, GSR, CoinFund, Brevan Howard and others.
  • The offering is slated to close on or around September 11 subject to Nasdaq authorization and standard closing conditions.
  • Wedbush analyst Dan Ives was appointed chairman to lead the strategy and framed World as core identity infrastructure for the AI era.
  • Eightco shares jumped nearly 3,000% to close around $45 after touching about $83 intraday, while WLD rose roughly 40–60% in 24 hours with weeklong gains near 100% and heavy trading volumes, according to multiple reports.
  • The company plans to change its Nasdaq ticker from OCTO to ORBS, and WLD saw fresh liquidity with a new Upbit listing in South Korea as market activity accelerated.