Can you imagine a company's stock price rising 5000% in one day? Eightco Holdings did it! They announced that they would make Worldcoin their main reserve asset, instantly igniting the market.
This is not an ordinary corporate reserve strategy. In the past, everyone learned from MicroStrategy to buy Bitcoin, but now Eightco directly buys WLD tokens and has brought in a $20 million investment from BitMine, the largest corporate holder of Ethereum. What's even more impressive is that well-known analyst Dan Ives has become the chairman of the board, endorsing this crazy move.
The result is that the stock price skyrocketed from $1.45 to $79.52, with a transaction volume of $7.5 billion, surpassing even MSTR. The WLD token also rose by 50%, breaking through the $2 mark.
Ives referred to Worldcoin as the "de facto standard" for identity verification in the AI era, and Tom Lee from BitMine even called this investment the "moon landing project." Within a day, the book value of a 20 million investment soared to 940 million USD, and the yield is simply outrageous.
But to be honest, this kind of operation is much riskier than holding Bitcoin. WLD itself has privacy and regulatory controversies, and Eightco is betting on a more complex and high-risk future. Whether this is the beginning of a new paradigm or the ultimate performance of a speculative bubble can only be verified by time.
