Eightco Holdings (ORBS) Soars 5,632% on Crypto Treasury Foray

Group 1 - Eightco Holdings Inc. (NASDAQ:ORBS) experienced a significant increase in stock price, soaring by 5,632 percent week-on-week due to its entry into the cryptocurrency treasury strategy and securing substantial investments [1] - The company raised a total of $290 million through a private placement, with $270 million from Mozayyx and $20 million from Bitmine Immersion, aimed at establishing a Worldcoin treasury strategy [2] - Proceeds from the fundraising will be utilized to acquire and hold Worldcoin (WLD) as a treasury reserve asset, while also considering cash and Ethereum as secondary reserve assets [3] Group 2 - Newly appointed chairman Dan Ives emphasized the importance of "Proof of Human" in the AI revolution, stating that the company is uniquely positioned to provide necessary trust, verification, and authentication as AI becomes more integrated into daily life [4]