Eightco (ORBS) Rockets 3,000% on Worldcoin Crypto Bet — Bubble or Breakthrough?
ORBS shares soared over 3,000% on Sept 8, 2025, after Eightco announced a $250–270 million raise to build a Worldcoin (WLD) treasury, with plans to acquire 800 million tokens. The company changed its ticker to ORBS and now holds WLD as its main asset. Q2 revenue was $7.6 million with a net loss, but the market cap surged to about $2 billion. Analysts warn the stock trades at nearly 50× sales, far above fundamentals.