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0.00142857142857155 0.000571428571428661 -0.0282857142857143 -0.102285714285714 -0.0825714285714286 0.0514285714285716 0.018857142857143 0.0300000000000001
Stock impact report

Tom Lee-backed penny stock surges 5,700% after surprising investment [Yahoo! Finance]

Eightco Holdings Inc. (OCTO) 
Company Research Source: Yahoo! Finance
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 $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 that powers OpenAI CEO Sam Altman's blockchain project, which uses iris scanning to verify identity and grant access to its crypto ecosystem — a feature heavily criticized for allegedly violating user privacy. More News: Sam Altman preps Chrome rival but one big question remains Elon Musk calls OpenAI founder 'Scam Altman' BitMine stock surges 400% as Tom Lee joins Ethereum treasury company Eightco Holdings also announced the appointment of the popular Wall Street an Show less Read more
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