2025-09-08T22:10:28Z

What happens when a little-known company gambles $250 million on a controversial AI crypto, and Wall Street goes wild? It’s the kind of AI generated newscast about Worldcoin that leaves jaws on the floor—and fortunes rewritten overnight.

Eightco Holdings Inc., a name barely whispered outside niche e-commerce circles last week, just exploded into the crypto stratosphere. On Monday, its shares rocketed over 3,000%, closing at $45.08 after hovering around $1.43 only days before. At its peak, the stock touched a mind-boggling $83.12, marking a 5,000% surge in a single day. The reason? A bold, headline-grabbing pivot: Eightco is betting big on Worldcoin (WLD), the digital identity crypto project helmed by none other than OpenAI’s CEO Sam Altman.

This isn’t just another Bitcoin or Ethereum play. Eightco secured $250 million in private capital—plus a $20 million backing from crypto mining heavyweight BitMine—to buy up Worldcoin tokens and build what it calls the first-ever corporate treasury based on this cutting-edge, often controversial, digital identity protocol. As part of the deal, Eightco’s ticker is morphing from OCTO to ORBS, signaling a new era for the company and, potentially, the crypto world at large. No wonder this AI generated newscast about Worldcoin is causing such an uproar among both traders and tech pundits.

Why is Worldcoin making such a splash? Co-founded by Sam Altman, Worldcoin launched in July 2023 with a mission to prove you’re human on the internet—using The Orb, a futuristic iris-scanning device that hands out WLD tokens for verified proofs of personhood. With nearly 16 million users in 45+ countries, Worldcoin’s promise is nothing less than a global digital identity system. It’s not all smooth sailing, though: regulators and privacy advocates have raised red flags about biometric data, even as Worldcoin insists its zero-knowledge tech keeps personal info safe and sound, off-chain.

Dan Ives, now chairman of Eightco, is all-in on this fusion of crypto, AI, and digital trust: "World is significantly undervalued relative to the potential opportunity," he says, pointing out that their focus is more on the tech infrastructure than on just holding tokens. Eightco may later add Ethereum and other assets to its treasury, but for now, Worldcoin is clearly the main event.

Interestingly, BitMine, already famous for controlling over two million ETH (worth about $9 billion), called their Eightco partnership a "moonshot"—a high-risk, potentially high-reward play. Worldcoin itself soared 49% on Monday, hitting a seven-month high. And if you’re wondering about timing, Eightco’s ticker change to ORBS is set for September 11, 2025, just as Worldcoin (now rebranded to World) rolls out its Orb devices in major U.S. cities like Atlanta, LA, and San Francisco.

Why should you care? Well, when President Trump recently greenlit a $500 billion AI investment initiative involving OpenAI, Oracle, and SoftBank, Worldcoin spiked 25% in a day. The lines between AI, crypto, and digital identity are blurring faster than ever, and the stakes are anything but virtual. Stay tuned for more in this AI generated newscast about Worldcoin—because the next chapter could be even wilder.