The stock soared 3000% after adopting World Token as a treasury reserve asset and appointing Dan Ives as chairman

Eightco Holdings Inc. (OCTO) surged 20% in pre-market trading, continuing its 3,009% gain since Monday. Earlier, the company announced it would conduct a $250 million private placement to make Worldcoin (WLD) the first company to do so. The stock hit a high of $83.12 intraday, up 5,632%. Senior analyst Dan Ives was appointed chairman and expressed optimism about Worldcoin's AI prospects. Bitmine Immersion Technologies invested $20 million in Eightco as part of its Ethereum expansion plan. WLD rose 52.5% to $1.91.