Ochoco Holdings, a company that offers support and cash flow services for online vendors, registered one of the most clear market movements of the year after presenting a plan to assign its corporate treasure mainly to Worldcein.
The company also obtained a new support from Bitmine, a cryptographic mining firm with an extensive Ethereum portfolio, feeding speculation about whether digital identity tokens could play a more important role in corporate reserves.
Historical rally and treasure restructuring
On Monday, eight shares closed at $ 45.08 after quoting as low as $ 1.43 only three days before. The action briefly reached an intradic maximum of $ 83.12, which represents a gain of more than 5,000% at one point during the day. The increase followed Ochoco’s announcement that raised $ 250 million through a private placement to buy Tokens Worldcoin (WLD).
Sponsored
Sponsored
The measure marked the first company that is quoted in the stock market to structure its reservations mainly around Worldcoin. The controversial project uses biometric devices known as orbs to verify human identity and distribute tokens WLD. According to Coingcko data, Worldcoin increased 49% on the same day, reaching $ 1.54 and touching its highest price in seven months.
Ochoco also confirmed that he will change his Nasdaq ticket from OCTO to Orbs on September 11, 2025. The Ticker adjustment underlines the company’s intention to mark the ecosystem based on world identity, which reflects a strategic deviation of its origin as a small electronic commerce operator.
The Ochoco initiative won a greater impulse when Bitmine invested $ 20 million in the company. Bitmine, which already has more than two million ether valued at approximately $ 9 billion, described the transaction as its first “MoNshot” bet. For Bitmine, the agreement indicates a willingness to diversify the accumulation of mining and Ethereum in projects at the intersection of blockchain and digital identity infrastructure.
While Ochoco reserves will focus on Worldcoin, the company can keep effective and Ethereum as secondary assets, which can add other cryptocurrencies later. The firm indicated that Ethereum, in particular, could act as a “network of brothers” in a broader strategy, complementing the world without moving its main role.
Beyond Worldcein
Worldcoin, launched in 2023 and renamed “world” in 2024, was co -founded by the CEO of Operai, Sam Altman, and has a total supply of 10 billion tokens Wld. Earlier this year, the project expanded its deployment from Orb to six important cities in the United States: Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco, are adjusted their footprint, since it seeks a broader adoption of the verification of biometric -based identity.
Ochoco’s decision highlights how some companies are experiencing with digital identity projects not only as technological bets but also as components of corporate finances. The increase in the price of its action, combined with Bitmine’s participation, suggests that investors are paying more attention to whether tokens linked to identity infrastructure could evolve to institutional degree reserve assets.
