Eightco Holdings (NASDAQ: ORBS), a lesser-known e-commerce firm, witnessed its stock price soar by over 3,000% in just one trading session last Monday. This surge came after the company revealed plans to establish a treasury focused on Worldcoin, a digital currency supported by OpenAI's Sam Altman.
| Containers & Packaging Industry | Materials Sector | Paul Nicholas Vassilakos CEO | NASDAQ (CM) Exchange | 22890A302 CUSIP |
| US Country | 23 Employees | - Last Dividend | 4 Apr 2023 Last Split | 30 Jun 2022 IPO Date |
Eightco Holdings Inc., which was previously known as Cryptyde, Inc., is a company primarily engaged in providing inventory management and corrugated custom packaging solutions across North America and Europe. Having undergone a name change in April 2023, Eightco Holdings Inc. showcases a blend of traditional manufacturing practices with modern technological services. Established in 1966, the company’s expertise spans over decades, positioning it as a significant player in its industry. With its headquarters in Easton, Pennsylvania, Eightco has built a reputation for its comprehensive services and solutions designed to meet the diverse needs of its clients.
Eightco Holdings Inc. specializes in manufacturing and selling custom packaging solutions tailored to fit a wide range of products. Their expertise in creating versatile and durable packaging solutions allows businesses to safeguard their products, enhancing functionality and consumer appeal. This service caters to the ever-evolving packaging requirements of various industries, ensuring that all products, regardless of their nature, receive the right protection and presentation.
With a focus on efficiency and optimization, Eightco provides comprehensive inventory management services. These services are designed to help businesses streamline their operations by managing stock levels, ordering, and storage. Efficient inventory management is crucial for minimizing costs, maximizing storage space, and ensuring the timely availability of products, which, in turn, enhances overall business performance.
Branching out into the tech sector, Eightco Holdings Inc. manufactures, sells, and resells bitcoin mining equipment alongside offering co-location services. This diversification illustrates the company's adaptability and its effort to cater to the burgeoning market of cryptocurrency mining. By providing state-of-the-art mining equipment and co-location services, Eightco offers solutions that are central to powering the infrastructure of the digital currency world.