Eightco Holdings has included Worldcoin ( WLD ) in the company's reserves: stock price has risen over 5000%, BitMine invests 20 million USD.

Eightco Holdings recently announced a historic plan to allocate the company's reserves primarily to Worldcoin (WLD) Token, triggering one of the most intense market fluctuations this year. The company's stock price soared from $1.43 to $45.08 within three days, hitting a high of $83.12 during intraday trading, a rise of over 5000%. This move garnered a strategic investment of $20 million from crypto mining company BitMine, sparking widespread speculation in the market about the growing role of digital identity tokens in the company's reserves.

Historic Rise and Reserve Restructuring

On Monday, after announcing a private placement to raise $250 million for the purchase of WLD tokens, Eightco's stock closed at $45.08, while just three days earlier it traded at only $1.43. The stock reached an intraday high of $83.12, with an intraday increase of over 5000%.

This move marks Eightco as the first publicly listed company to commit to using Worldcoin as its primary reserve asset. Worldcoin is a controversial project that uses biometric devices known as "Orbs" to verify human identification and distribute WLD tokens. CoinGecko data shows that the Worldcoin token rose 49% on the same day, reaching $1.54, hitting a seven-month high.

Eightco also confirmed that its Nasdaq stock ticker will change from OCTO to ORBS, effective September 11, 2025. This code adjustment underscores the company's intention to reshape its brand around the Worldcoin identity-driven ecosystem, marking its transition from a small e-commerce operator to a strategic new direction.

In addition, the plan received further momentum from BitMine's investment of 20 million dollars in Eightco. BitMine itself holds over 2 million Ethereum, valued at approximately 9 billion dollars, and described this transaction as its first "To the Moon" bet. For BitMine, this transaction indicates its willingness to diversify from traditional cryptocurrency mining and Ethereum accumulation, shifting towards projects at the intersection of blockchain and digital identity infrastructure.

Although Eightco's primary reserves will be concentrated in Worldcoin, the company may still hold cash and Ethereum as secondary assets, and may potentially increase other cryptocurrencies in the future. The company stated that, particularly Ethereum, can serve as a "brother network" in a broader strategy, complementing World, but will not replace its core role.

Layout Beyond Worldcoin

Worldcoin, co-founded by OpenAI CEO Sam Altman, was launched in 2023 and renamed "World" in 2024, with a total token supply of 10 billion WLD. Earlier this year, the project promoted its Orb to six major U.S. cities—Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco—strengthening its market influence in seeking broader adoption of biometric identification.

The Significance Behind Eightco's Decision

Eightco's decision highlights that some companies are trying to position digital identity projects not just as a technological bet, but as a component of corporate finance. The surge in its stock price, along with BitMine's involvement, indicates that investors are closely watching whether tokens related to identity infrastructure can evolve into institutional-grade reserve assets.

Conclusion

Eightco Holdings has decided to use Worldcoin as its core company reserve, marking a milestone in the integration of cryptocurrency into the traditional financial world. Despite the significant market fluctuations and potential risks involved, it clearly sends a signal: against the backdrop of the artificial intelligence era, the digital identity and Proof of Human technology represented by Worldcoin are being viewed as an emerging and strategically valuable asset class. This unprecedented move may provide a bold example for other publicly listed companies seeking innovative growth and reserve diversification, while also indicating that digital identity Tokens are likely to move from the periphery to the mainstream, becoming a new option in future corporate balance sheets.