Stock Surges 3000% Following Adoption of World Token as Treasury Reserve Asset and Appointment of Dan Ives as Chairman

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

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Source: Benzinga

Updated: Sep 09 2025

Stock Performance: Eightco Holdings Inc. (OCTO) shares surged over 3000% during Monday's trading and continued to rise by over 20% in pre-market trading on Tuesday, reaching a high of $83.12.
Strategic Moves: The company plans to raise $250 million through a private placement to adopt the World (WLD) cryptocurrency as its primary reserve asset and will change its Nasdaq trading symbol to "ORBS."
Leadership Changes: Veteran Wall Street analyst Dan Ives has been appointed as chairman of the board, expressing optimism about the World Network's future in AI.
Investment and Market Activity: Bitmine Immersion Technologies Inc. announced a $20 million investment in Eightco as part of its Ethereum ecosystem expansion, while WLD cryptocurrency saw a 52.51% increase in value.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Stock Surges 3000% Following Adoption of World Token as Treasury Reserve Asset and Appointment of Dan Ives as Chairman

About the author

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