Eightco Holdings Secures $270M for Strategic Acquisition

Eightco Holdings ( (OCTO) ) has shared an update.

On September 8, 2025, Eightco Holdings Inc. entered into a Securities Purchase Agreement to raise $270 million through the sale of common stock and pre-funded warrants, including a $20 million investment from Bitmine Immersion Technologies. The proceeds will be used to acquire Worldcoin (WLD) as a primary treasury reserve asset, marking a significant shift in the company’s treasury strategy. Additionally, Dan Ives was appointed as Chairman of the Board, bringing extensive experience in technology and financial sectors. This strategic move positions Eightco Holdings to leverage Worldcoin’s digital identity solutions, potentially impacting its market positioning and operations.

The most recent analyst rating on (OCTO) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Eightco Holdings stock, see the OCTO Stock Forecast page.

Spark’s Take on OCTO Stock

According to Spark, TipRanks’ AI Analyst, OCTO is a Neutral.

Eightco Holdings faces significant financial challenges, with persistent losses and high leverage impacting its financial performance. Technical analysis shows some upward momentum, but the stock is overbought, suggesting caution. The valuation is unattractive due to negative earnings, and recent corporate events limit capital-raising options.

To see Spark’s full report on OCTO stock, click here.

More about Eightco Holdings

Eightco Holdings Inc. operates in the e-commerce industry, focusing on inventory capital and management for e-commerce sellers through its subsidiary Forever 8, and providing manufacturing and logistical solutions via Ferguson Containers, Inc. The company is committed to growing its portfolio through strategic acquisitions in the e-commerce ecosystem.

Average Trading Volume: 4,742,244

Technical Sentiment Signal: Buy

Current Market Cap: $137.3M

Learn more about OCTO stock on TipRanks’ Stock Analysis page.