Eightco (ORBS) Soars 34% as Crypto Firm Optimistic for Ethereum 10-15 Year Growth Prospects

Core Viewpoint - Eightco Holdings Inc. (NASDAQ:ORBS) experienced a significant stock price increase of 34.34% to close at $11.07, driven by positive sentiment surrounding Ethereum's long-term growth potential as expressed by Bitmine Immersion, the largest Ethereum treasury holder [1][3]. Group 1: Stock Performance - Eightco Holdings Inc. saw its stock price surge by 34.34% on Monday, closing at $11.07 per share [1]. - Ethereum prices increased by 3.93%, reaching $4,692 each at the time of reporting [3]. Group 2: Institutional Support - Bitmine Immersion raised its ownership in Ethereum to $13.4 billion, contributing to the bullish outlook for Eightco [3]. - Eightco announced plans to make Ethereum its secondary reserve asset after Worldcoin, further enhancing its investment appeal [2]. - The company received backing from several institutional investors, including World Foundation, Discovery Capital Management, and others, indicating strong market confidence [5]. Group 3: Strategic Investments - Bitcoin invested $113 million in Eightco Holdings Inc. last month, aiming to leverage the growing adoption of Worldcoin [4].