Eightco Holdings Stock soars 5,000% Following Worldcoin Treasury Strategy

Eightco Holdings’ stock price jumped over 5,000% intraday after announcing a Worldcoin (WLD) Treasury strategy. The surge was fueled by a $250 million private placement and $20 million from BitMine, resulting in trading volumes exceeding $7.51 billion. 8co Holdings’ shares soared to $79.52 on the NASDAQ exchange. While this action marks a historical leap for the company, it’s unclear if the spike is rooted in sustained market activity or speculation. Notably, market reactions are notable but lack detailed comments from CEO Brian McFadden regarding the stock’s surge and volatility.