Eightco Secures $250M Investment, Pioneers Worldcoin Treasury Strategy with BitMine Support

Eightco Holdings Inc. (NASDAQ: OCTO) announced the signing of a significant private placement agreement valued at approximately $250 million, with an added $20 million strategic investment from BitMine Immersion (NYSE AMERICAN: BMNR). The investment marks a pioneering move for Eightco as it initiates the industry's first Worldcoin treasury strategy. The transaction involved the sale of 171,232,877 shares of common stock at $1.46 per share, aiming to support the innovative adoption of Worldcoin as a primary treasury reserve asset.

Participants in the private placement, spearheaded by MOZAYYX, include prominent institutional investors such as World Foundation, Discovery Capital Management, and others. BitMine's strategic $20 million investment aligns with its broader "Moonshot" agenda, designed to bolster the Ethereum ecosystem through transformative projects.

The offering's conclusion is anticipated around September 11, 2025, contingent upon customary conditions, including Nasdaq's authorization. Post-transaction, Eightco intends to rebrand its Nasdaq trading symbol to "ORBS," signifying its pivot towards a novel treasury strategy centered around Worldcoin.

Dan Ives, revered on Wall Street for his expertise in technology and AI, has been appointed as the new Chairman of Eightco Holdings. Ives expressed enthusiasm about his new role at Eightco, emphasizing the pivotal role of Worldcoin as the "internet of people" in an AI-dominated future. Eightco's strategic focus on Worldcoin reflects its vision of intertwining AI with decentralized identity verification—a move spearheaded by Altman and Blania.

Eightco's strategic treasury reorientation highlights its ambition to redefine digital identity in an era increasingly dominated by AI and automated processes. With Worldcoin set as its principal treasury asset, Eightco is poised to lead the shift towards digital identity verification. The company's treasury will prioritize Worldcoin, although other assets like cash and Ethereum may also feature.

This strategic alignment with Worldcoin underscores Eightco's commitment to security and the establishment of a trusted digital identity. Worldcoin's proprietary iris-scanning Orb technology forms the cornerstone of its strategy, emphasizing a zero-knowledge Proof of Human verification. This approach ensures that personal biometric data remains unexposed on the blockchain.

The integration of Worldcoin within Eightco's treasury indicates a significant step toward securing verifiable human identities crucial for AI integration. The move aligns with the company's broader ecosystem strategy and marks a shift in how technology and finance intertwine. Eightco's focus extends to maintaining positions in firms like Forever 8 and Ferguson Containers, thereby expanding its technological footprint in diverse sectors.

As Eightco navigates this new terrain, it positions itself at the crossroads of AI and cryptocurrency, capitalizing on the increasingly vital intersection of trusted digital identity and economic exchange frameworks. This strategy, paired with BitMine's supportive investment, aims to cement Eightco's role as a leader in the ongoing tech revolution, with Worldcoin serving as a foundational pillar for its treasury operations.

RF Lafferty & Co., Inc. facilitated the private placement as the Exclusive Placement Agent, reflecting the transaction's significance within the capital markets. The strategic investments underscore the confidence surrounding Eightco's vision as it mobilizes resources towards its ambitious objectives.

In compliance with the Securities Act of 1933, the offer and sale of securities in this transaction were conducted within established regulatory frameworks, reflecting both strategic foresight and alignment with applicable laws. The forward-looking statements within this context are predicated on the management's ambitions and industry trends, each subject to external and internal variables capable of influencing outcomes.

In conclusion, Eightco Holdings stands at the forefront of a transformative financial model, intertwining advanced AI capabilities with innovative cryptocurrency solutions, reinforcing its trajectory within the broader technological landscape.