Emre Yumlu 
Eightco Holdings Inc. (NASDAQ: OCTO) announced that it will implement the world’s first Worldcoin (WLD) treasury strategy. The company is preparing to bring this strategy to life with funding of up to $270 million.
$250 Million Private Placement and Strategic Participation from BitMine
Eightco issued approximately 171.2 million shares at $1.46 per share, generating $250 million in gross proceeds. In addition, BitMine (NYSE: BMNR) purchased 13.7 million shares, making a $20 million strategic investment. Thus, a total financing package of $270 million was created.
This step represents the first phase of the company’s plan to move its treasury away from traditional assets and make Worldcoin (WLD) its primary reserve asset.
Significant Changes in Management
At the same time, the company made a notable change in its management. Renowned technology analyst Dan Ives became Eightco’s new Chairman of the Board. This appointment is considered an important development that adds credibility to the strategic transformation process.
In addition, the company announced that, effective September 11, 2025, it will change its trading symbol from “OCTO” to “ORBS.” This change carries a symbolic meaning directly aligned with Worldcoin’s Orb devices, which use iris-scanning technology.
A Big Bet on Proof of Human Technology
Eightco’s move is seen not only as a treasury strategy but also as a significant investment in Worldcoin’s Proof of Human (PoH) technology. Currently, Worldcoin has created approximately 16 million accounts across 45 countries.
The company believes that PoH technology could become a global standard for verifying human identity, especially in a digital future increasingly dominated by artificial intelligence.
Investor Confidence
This funding round also included participation from major institutional investors such as World Foundation, Discovery Capital Management, Pantera, and Brevan Howard. This indicates strong interest in Worldcoin’s technology and sends a powerful signal supporting Eightco’s strategic direction.
Worldcoin (WLD) Price Outlook
Prior to the announcement of Eightco’s $270 million investment and treasury strategy, WLD was trading at $1.02. Following the news, it quickly gained momentum, rising to $1.31. This move represents an increase of approximately 28% in a short period of time.
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