Eightco Holdings announces plans to acquire Worldcoin, co-founded by OpenAI CEO Sam Altman, backed by a $270 million private placement. The company aims to use Worldcoin as its main treasury asset, signaling a significant shift in its crypto strategy. The stock ticker is set to change to ORBS post-deal closure.
Trump Media & Technology Group teams up with Crypto.com to launch Trump Media Group CRO Strategy, a firm focused on accumulating Cronos (CRO) tokens. The company plans to go public through a SPAC merger and list on Nasdaq as 'MCGA,' causing CRO token and Trump Media shares to surge.
Publicly traded companies like MicroStrategy are increasingly accumulating large bitcoin reserves, signaling a shift in corporate strategies toward cryptocurrency holdings. This trend reflects a growing confidence in bitcoin as a hedge against inflation, despite concerns over market volatility.