Eightco Holdings Inc. announced a $250 million private placement for the purchase and sale of common stock to implement the first-of-its-kind Worldcoin treasury strategy.
BitMine Immersion made a strategic investment of $20 million in the Company alongside the private placement.
The offering is expected to close on or about September 11, 2025, subject to customary closing conditions.
Private Placement Details
Approximately 171,232,877 shares of common stock priced at $1.46 per share for expected gross proceeds of $250 million.
BitMine Investment
BitMine made an additional $20 million investment in the Company at $1.46 per share.
Future Treasury Strategy
Worldcoin will serve as the Company's primary treasury reserve asset, aimed at enhancing trust and authentication.
- The private placement and BitMine's investment enable the Company to adopt Worldcoin as the primary treasury asset.
- World's zero-knowledge Proof of Human credential offers a secure foundation for the future digital identity landscape.
- BitMine's
- World's Orb technology provides a secure means of verifying unique human identities in the AI-driven era.
The announcement marks a significant milestone for Eightco Holdings Inc. as it progresses towards implementing its Worldcoin treasury strategy and enhancing digital identity verification.