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Tom Lee-backed penny stock surges 5,700% after surprising investment
Yahoo Finance·2025-09-09 07:43

The shares of Eightco Holdings (Nasdaq: OCTO) surged more than 5,700% on Sep. 8 after the company announced a Worldcoin treasury strategy. The company said it raised 250million throughaprivateplacementtoadoptWLDasaprimaryassetforitscorporatetreasuryreserve.Related:WhatisCrypto?CryptocurrencyexplainedBitMineImmersion(NYSE:BMNR),theleadingEthereumtreasuryfirmledbyTomLee,alsomadean additionalinvestmentof 250 million through a private placement to adopt WLD as a primary asset for its corporate treasury reserve. Related: What is Crypto? Cryptocurrency explained BitMine Immersion (NYSE: BMNR), the leading Ethereum treasury firm led by Tom Lee, also made an additional investment of 20 million to support the initiative. WLD is a cryptocurrency ...