Penny stock surges 5,700% after investing in crypto: Should you buy?

Shares of Eightco Holdings (Nasdaq: OCTO) skyrocketed more than 5,700% on September 8, hitting an intraday high of $82.98, after the company announced a $250 million strategic move to adopt Sam Altman's Worldcoin (WLD) as a core treasury asset. The rally extended in pre-market trading on September 9, with the stock climbing another 11% at the time of writing. This explosive growth came as Eightco unveiled its crypto treasury model, following in the footsteps of Michael Saylor’s MicroStrategy but instead ...