Eightco Holdings shares skyrocketed more than 3,000% Monday after the e-commerce company unveiled plans to build a treasury around Worldcoin, according to Decrypt. The company also secured $20 million from BitMine and raised $250 million in a private placement to acquire Worldcoin tokens. Eightco’s new chairman, Dan Ives of Wedbush Securities, said the move reflects the intersection of digital identity, AI, and crypto. Ives told Decrypt that World is undervalued compared to its potential, crediting the Foundation and Tools for Humanity for enabling Eightco’s position. Worldcoin jumped 49% to $1.54, reaching a seven-month high. Worldcoin has registered nearly 16 million accounts across 45 countries and rose 25% in January after Trump announced a $500 billion AI investment initiative. Eightco shares surged from $1.43 on Friday to a $45.08 close, hitting $83.12 intraday.
