Summary
- 'Eitco Holdings' reportedly showed a surge in the 3000% range after announcing World (WLD) reserves.
- Eitco Holdings announced it will start the world's first World financial strategy and plans to raise up to 250 million dollars.
- It said Bitmain's commitment of 20 million dollars in strategic investment acted as an additional stimulating factor for investor sentiment.
NASDAQ-listed 'Eitco Holdings' that announced World (WLD) reserves surged in the 3000% range.
On the 8th (local time), according to Investing.com, Eitco Holdings is trading at 44.7750 dollars, up 2987% from the previous day. Intraday, it once jumped to 57 dollars, rising about 3838% from the previous day.
It is interpreted that the earlier announcement of World reserves drew market attention. Eitco said, "We are starting the world's first World financial strategy," and "plan to raise up to 250 million dollars." In addition, the fact that 'Bitmain,' the world's largest Ethereum (ETH) reserve-listed company, pledged a 20 million dollar strategic investment also amplified investor sentiment.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing](https://media.bloomingbit.io/PROD/news/0b328b54-f0e6-48fd-aeb0-687b3adede85.webp?w=250)
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