Tuesday, 02 January 2024 12:17 GMT

Eightco Skyrockets More Than 5,400% Here's The Story Behind The Spike


(MENAFN- AsiaNet News)

Shares of Eightco (OCTO) surged more than 5,400% in intraday trading on Monday after the company unveiled a $250 million private placement to fund what it calls the world's first Worldcoin (WLD) treasury strategy. 

The rally was further fueled by news of an additional $20 million investment from Tom Lee–backed BitMine Immersion Technologies (BMNR) and the appointment of Wedbush Securities' global tech head, Dan Ives, as Eightco's new chairman.

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